Source: CryptoSlate ↗
Bitcoin faces its highest Treasury hurdle since 2007 with $22.5B less crypto credit to unwind
What the source reports
The US 30-year Treasury yield crossed 5.3% on Aug. 17 for the first time since June 2007, the same day Galaxy published a report showing crypto-collateralized lending down more than $22 billion from its peak. Bitcoin hit an intraday high of $64,610.01 that day. What makes the Treasury move unusual is its direction against the […]The postBitcoin faces its highest Treasury hurdle since 2007 with $22...
Read the original report on CryptoSlate ↗Live market context
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
Related news
Open news desk →The 'crack' in the energy market is wider than ever. Bitcoin might feel it.
Your day-ahead look for Aug. 18 2026
Bitcoin pauses at $64,000 as rising yields, oil drag equities lower
BTC has dropped 0.6% since midnight UTC as Nasdaq 100 futures slip 1.1%, with the FOMC's July meeting minutes and a White House crypto summit both due Wednesday.