Bitcoin Price Stabilizes Around $80K Amid Rising Treasury Yields
Bitcoin Price Holds Near $80K as Treasury Yields Pressure Risk Assets
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Bitcoin (BTC-USD) fluctuated around the $80,000 mark on May 15, 2026, amidst a backdrop of rising U.S. Treasury yields, which reached multi-decade highs. Despite a 3% decline during the day, Bitcoin's structure remains healthier than a month ago, with a 32% recovery from February lows, although it still faces resistance at the 200-day moving average.
- 01Bitcoin's trading range on May 15 was between $78,743 and $81,958, with a closing price around $80,120.03, reflecting a daily gain of $546.24.
- 02Institutional interest remains strong, with Bitcoin exchange-traded funds recording $131 million in net inflows, contrasting with previous outflows of $635 million.
- 03The proposed CLARITY Act is progressing in the Senate, aimed at clarifying regulatory roles between the SEC and CFTC, potentially enhancing institutional participation.
- 04U.S. Treasury yields have hit their highest levels since May 2025, with the 10-year yield above 4.55% and the 30-year yield at 5.12%, impacting risk assets including Bitcoin.
- 05Bitcoin's correlation with U.S. equities remains strong, as both markets reacted similarly to rising Treasury yields, indicating a challenging environment for Bitcoin amidst tightening monetary conditions.
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On May 15, 2026, Bitcoin (BTC-USD) experienced a volatile trading session, fluctuating between $78,743 and $81,958, before stabilizing around $80,120.03, marking a daily gain of $546.24. This price action occurs as U.S. Treasury yields reach multi-decade highs, with the 10-year yield surpassing 4.55% and the 30-year yield hitting 5.12%. Despite a 3% decline during the day, Bitcoin's overall structure appears healthier than a month prior, showing a 32% recovery from February lows. However, it continues to face resistance at the 200-day exponential moving average around $82,941. Institutional interest remains robust, evidenced by $131 million in net inflows into Bitcoin exchange-traded funds, suggesting a solid price floor despite recent outflows. The proposed CLARITY Act, advancing through the Senate, aims to clarify regulatory roles, potentially enhancing institutional participation in the crypto market. As Bitcoin's correlation with U.S. equities persists, the asset faces downward pressure as long as Treasury yields continue to rise, complicating its position as a hedge against inflation.
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The rising Treasury yields could lead to increased borrowing costs and tighter financial conditions, affecting consumer credit and overall market sentiment.
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