BITCOIN, ETHEREUM CRASH CONTINUES AS US 10-YEAR TREASURY YIELD SURPASSES JUNE HIGH

The cryptocurrency market is experiencing significant turbulence, with Bitcoin (BTC) and Ethereum (ETH) leading the downward spiral. Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high From cointelegraph.com Bitcoin (BTC) and Ethereum's native token, Ether (ETH), started the week on a depressive note as investors braced themselves for a flurry of rate hike decisions from central banks, including the U.S. Federal Reserve and Bank of England.The confluence of macroeconomic factors, most notably the resurgence of the US 10-year Treasury yield past its June high, is adding immense pressure to the digital asset space. A 10-year Treasury reading reflects how much in terms of returns investors require to leave their cash for a 10-year period. Correlation between the two assets could reveal Bitcoin really is used to hedge against US bonds.This move reflects rising investor expectations for future inflation and potential further interest rate hikes by the Federal Reserve and other global central banks like the Bank of England, creating a risk-off sentiment.This environment makes traditionally safer assets like bonds more attractive, leading investors to reduce their exposure to riskier assets like crypto.The market is facing increased uncertainty as on-chain and technical indicators point towards further downward pressure for both Bitcoin and Ethereum, potentially extending well into 2025.This downturn is further compounded by Bitcoin's inability to hold the crucial $20,000 psychological support level, exacerbating investor anxieties.What is causing this crash, and what can investors expect moving forward? Do tariffs end up leading to lower interest rates, more liquidity, and ultimately a higher Bitcoin price?Drawing on @FedGuy12's analysis, @_dsencil breaks doThis article dives deep into the underlying reasons behind the current market downturn and explores potential scenarios for Bitcoin and Ethereum's future performance.

Understanding the Correlation: US Treasury Yields and Crypto Performance

The relationship between US Treasury yields and cryptocurrency prices, particularly Bitcoin and Ethereum, is a crucial factor in understanding the current market downturn.A 10-year Treasury yield essentially represents the return investors demand to hold US government debt for a decade. Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June highSource: CointelegraphPublished onIt acts as a benchmark for assessing the overall risk appetite in the market. Why The Sudden Crypto Market Crash? Rising U.S. Treasury Yields Trigger Risk-Off Sentiment; The crypto market has been declining today, and one of its leading causes was the increase in bond yields. The 10-year U.S. Treasury yield rose to 4.70%, with the 30-year and 5-year U.S. Treasury yields also up at 4.61% and 4.50%, respectively.When the yield rises, it indicates increased demand for safer assets and, conversely, a reduced appetite for riskier investments.

Consider this: A rising 10-year Treasury yield often signals expectations of higher inflation and potential interest rate hikes by the Federal Reserve. On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2025 Bitcoin BTC and Ethereum 039 s native token Ether ETH started the week on a depressive note as investors braced themselvesThis leads investors to reallocate capital from riskier assets, like crypto, into the relative safety of government bonds.The surge past the June high simply reinforces this trend, signaling a potentially prolonged period of economic uncertainty and tighter monetary policy.

This correlation isn't always perfectly aligned, but it’s a significant indicator.The appeal of Bitcoin, often touted as an inflation hedge, diminishes somewhat when traditionally ""safe"" assets offer more competitive returns with lower perceived risk.

Bitcoin's Struggle to Hold $20,000: A Critical Threshold

Bitcoin's inability to consistently maintain its price above $20,000 is a concerning signal for the broader cryptocurrency market.This level acts as a crucial psychological support zone, representing a point where many investors are willing to buy, preventing further price declines.

On September 19th, Bitcoin failed to regain this critical level, leading to further selling pressure. On-chain and technical indicators hint at more pain for Bitcoin and Ethereum for the remainder of 2025. Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high EcosystemThe BTC/USD pair slipped significantly, highlighting the market's vulnerability to negative sentiment.This failure doesn't necessarily guarantee a continued downtrend, but it underscores the fragility of investor confidence and the potential for further price declines.

Here's a breakdown of what this failure means:

• Erosion of Confidence: Breaking below psychological support levels often triggers panic selling as investors fear further losses.
• Technical Significance: Traders often use these levels as key indicators for setting stop-loss orders, which can further amplify downward price movements.
• Broader Market Impact: Bitcoin's performance heavily influences the entire crypto market.A prolonged struggle to hold $20,000 can lead to widespread bearish sentiment.

Ethereum's Downward Trajectory: Following Bitcoin's Lead

Ethereum, the second-largest cryptocurrency by market capitalization, is also feeling the pressure, mirroring Bitcoin's downward trend.As investors flee riskier assets due to rising Treasury yields and concerns about central bank rate hikes, ETH is experiencing a similar sell-off.

The ETH/USD pair has also seen significant declines, reflecting the overall risk-off sentiment in the market. On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2025. Bitcoin (BTC) and Ethereum's native token, Ether (ETH), started the week on a depressive note as investors braced themselves for a flurry of rate hike decisions from central banks, including the U.S. Federal Reserve and Bank of England. Bitcoin price fails to hold $20,000 On Sept. 19While Ethereum has its own unique drivers, like the successful transition to Proof-of-Stake (PoS), it remains largely influenced by the broader market sentiment and Bitcoin's performance.

The interconnectedness of the crypto market means that negative news or price movements in Bitcoin often have a ripple effect on other cryptocurrencies, including Ethereum. On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2025.While Ethereum boasts strong technological advancements, it is still vulnerable to macroeconomic factors and investor sentiment.

On-Chain and Technical Indicators: Hints of Further Pain

Beyond the immediate price action, several on-chain and technical indicators suggest that the current downturn for both Bitcoin and Ethereum may persist for the remainder of 2025. Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high Septem On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2025.These indicators provide insights into the underlying health and sentiment of the market, offering clues about potential future price movements.

Analyzing Key On-Chain Metrics

On-chain analysis involves examining data directly from the blockchain to gain insights into user behavior and network activity. cointelegraph.com: On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2025.Several key metrics are particularly relevant:

• Spent Output Age Bands: This indicator tracks the movement of Bitcoin based on their age. Get the latest updates and analysis on the US 10-year Treasury yield from CNBC.Significant movement of older coins, like those dormant for 7-10 years, can suggest long-term holders are selling, potentially signaling a market top.
• Exchange Inflow/Outflow: Monitoring the flow of Bitcoin and Ethereum onto and off of exchanges can provide insights into buying and selling pressure. Pavel Nikienkov (@pavelravaga), co-founder and Project Manager of @zano_project, lays out a persuasive argument to BTCTN s @_dsencil for why privacy projectsLarge inflows to exchanges often suggest increased selling intentions.
• Active Addresses: A decline in active addresses can indicate waning user interest and a potential decrease in demand.

Technical Analysis: Chart Patterns and Indicators

Technical analysis involves using historical price data and chart patterns to identify potential trading opportunities.Several common technical indicators can provide clues about the current market trend:

• Moving Averages: Crossing below key moving averages, such as the 200-day moving average, can signal a shift in momentum from bullish to bearish.
• Relative Strength Index (RSI): An RSI reading below 30 suggests that an asset is oversold and may be due for a bounce, but it can also indicate persistent selling pressure.
• MACD (Moving Average Convergence Divergence): A bearish crossover on the MACD indicator can signal a potential downtrend.

It's important to remember that these indicators are not foolproof, and they should be used in conjunction with other forms of analysis to make informed investment decisions. Bitcoin price fails to hold $20,000 On Sep. 19, BTC s price has failed to regain the $20,000 psychological support zone. The BTC/USD pair slipped by 6.5% to around $18,250, while ETH dropped 4% to approximately $1,280.The information provided above, for example, is not investment advice.

Central Bank Rate Hikes: The Macroeconomic Headwind

The anticipated rate hikes by central banks, particularly the U.S.Federal Reserve and the Bank of England, are a major catalyst for the current cryptocurrency market downturn.These rate hikes are designed to combat inflation, but they also have a significant impact on risk assets like Bitcoin and Ethereum.

Higher interest rates make borrowing more expensive, which can slow down economic growth and reduce corporate profits.This, in turn, can lead investors to become more risk-averse and reduce their exposure to assets like crypto. Bitcoin rumo a US$ 14K US$15K e Ethereum a US$ 750 em seguida? Uma combina o de indicadores t cnicos e dados on-chain sugere uma queda de pre o iminente nos mercados de Bitcoin e Ethereum. Primeiro, o Bitcoin Spent Output Age Bands (sete a 10 anos), que rastreia o BTC gasto e os agrupa em categorias dependendo de sua matura o, mostrouMoreover, higher rates make government bonds more attractive, further incentivizing investors to shift their capital away from riskier investments.

The Fed's monetary policy decisions have a profound impact on global markets, and the cryptocurrency market is no exception.The expectation of further rate hikes is creating a climate of uncertainty and fear, contributing to the ongoing sell-off in Bitcoin and Ethereum.

Potential Scenarios: Where Do Bitcoin and Ethereum Go From Here?

Predicting the future of any market is inherently uncertain, but considering various scenarios can help investors prepare for different possibilities.Based on the current macroeconomic environment, on-chain data, and technical indicators, here are a few potential scenarios for Bitcoin and Ethereum:

Scenario 1: Continued Downtrend

This scenario assumes that the current macroeconomic headwinds persist, including rising Treasury yields, continued rate hikes by central banks, and persistent inflation. Bitcoin (BTC) and Ethereum s native token, Ether (ETH), started the week on a depressive note as investors braced themselves for a flurry of rate hike decisions from central banks, including the U.S. Federal Reserve and Bank of England. Bitcoin price fails to hold $20,000 On Sept. 19, BTC s price failed to regain the $20,000 psychologicalIn this scenario, Bitcoin could potentially test lower support levels, perhaps even revisiting previous lows. ETHUSD Ethereum Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June high. On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for theEthereum would likely follow suit, experiencing further price declines.

Scenario 2: Consolidation and Sideways Movement

This scenario envisions a period of consolidation where Bitcoin and Ethereum trade within a defined range, neither experiencing significant gains nor further dramatic declines.This could occur if the macroeconomic picture stabilizes somewhat, or if investors become accustomed to the higher interest rate environment.It is important to note that this does not mean that Bitcoin and Ethereum are stable, but rather that they are not as volatile as they previously have been.

Scenario 3: A Bullish Reversal

While less likely in the current environment, a bullish reversal is possible if there is a significant shift in macroeconomic conditions. Bitcoin (BTC) and Ethereum's native token, Ether (ETH), started the week on a depressive note as investors braced themselves for Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June highThis could be triggered by a slowdown in inflation, a dovish pivot by the Federal Reserve, or a sudden surge in institutional adoption of cryptocurrencies.In this scenario, Bitcoin and Ethereum could experience a significant rebound.

Strategies for Navigating the Crypto Downturn

Navigating a cryptocurrency downturn requires a careful and considered approach.Here are some strategies that investors can consider:

• Diversification: Don't put all your eggs in one basket. Bitcoin bin dolara, Ethereum 750 dolara mı gerileyecek? Zincir st ve teknik bazı g stergeler, Bitcoin ve Ethereum piyasaları i in ani k şe işaret ediyor. İlk olarak harcanan BTC'leri takip eden ve coin yaşına g re kategorilendiren Bitcoin Harcanan ıktı Yaş Bandı (7-10 yıl) g stergesi, 4 Eyl l'de 5.000'denDiversify your portfolio across different asset classes to mitigate risk.
• Dollar-Cost Averaging (DCA): Invest a fixed amount of money at regular intervals, regardless of the price. US 10-year Treasury yield drops below 4%, signaling potential Fed rate cuts and increasing Bitcoin's appeal as a risk asset. Falling Treasury yields historically benefit Bitcoin as investors seek higher returns in riskier assets like BTC and altcoins. Analysts link the yield drop to economicThis can help to smooth out your average purchase price and reduce the impact of volatility.
• Stay Informed: Keep up-to-date with the latest news and analysis from reputable sources.This will help you make informed investment decisions.
• Manage Risk: Use stop-loss orders to limit potential losses. On-chain and technical indicators also hint at more pain for Bitcoin and Ethereum for the remainder of 2025. Continue readingBe prepared to cut your losses if the market continues to decline.
• Consider Holding for the Long Term: If you believe in the long-term potential of Bitcoin and Ethereum, consider holding through the downturn. Bitcoin (BTC) and Ethereum's native token, Ether (ETH), started the week on a depressive note as investors braced themselves for a flurry of rate hike decisions from central banks, including the U.S. Federal Reserve and Bank of England. On Sep. 19, BTC's price has failed to regain the $20,000 psychological support zone.Market cycles are a normal part of investing, and bear markets are often followed by bull markets.

The End of the ""Anti-Crypto Era?"" Examining the Signals

While the present market conditions are daunting, some suggest that the end of the ""anti-crypto era"" may be on the horizon.Some point to events like the pardon of BitMEX founder Arthur Hayes and the SEC dropping its case against a particular token project as potential positive signals. 🚨MASSIVE SIGNAL: The anti-crypto era is officially ending🚨🔹BitMEX founder @CryptoHayes: Pardoned🔹Hawk Tuah Girl s token: SEC dropped the case🔹FDIC rulesFDIC rulings may also contribute to a more favorable environment for digital assets. Una mezcla de indicadores t cnicos y onchain apunta a una inminente ca da de los precios en los mercados de Bitcoin y Ethereum. En primer lugar, el indicador Spent Output Age Bands de Bitcoin (7-10 a os), que rastrea los BTC gastados y los agrupa en categor as seg n su edad, mostraron el movimiento de m s de 5,000 BTC el 4 de septiembre.However, it's important to interpret these events with caution and avoid overhyping them. Bitcoin, Ethereum crash continues as US 10-year Treasury yield surpasses June highThe long-term trajectory of cryptocurrency regulation remains uncertain, and significant hurdles still exist.While some individual cases or rulings might seem positive, they do not necessarily signal a complete shift in the overall regulatory landscape.

Is Bitcoin Headed to $15,000 and Ethereum to $750?

Predictions of Bitcoin plummeting to $15,000 and Ethereum to $750 are circulating, fueled by the current market sentiment and technical analysis.While these price targets are certainly possible in a particularly bearish scenario, they are not guaranteed.Several factors could prevent such a dramatic decline, including stronger-than-expected economic data, increased institutional adoption, or a shift in investor sentiment.It's crucial to approach these predictions with a degree of skepticism and avoid making investment decisions solely based on speculative forecasts.

Conclusion: Navigating the Uncertainty

The current cryptocurrency market downturn, driven by rising US 10-year Treasury yields and broader macroeconomic concerns, presents significant challenges for investors.Both Bitcoin and Ethereum are facing downward pressure, and on-chain and technical indicators suggest that this trend may continue for the foreseeable future.However, it's important to remember that market cycles are a normal part of investing, and bear markets often present opportunities for long-term gains.By staying informed, managing risk effectively, and adopting a disciplined investment approach, investors can navigate the current uncertainty and position themselves for future success.

Key Takeaways:

• The Bitcoin, Ethereum crash continues, heavily influenced by rising US Treasury yields.
• On-chain and technical indicators suggest potential further price declines.
• Central bank rate hikes are exacerbating the market downturn.
• Diversification, dollar-cost averaging, and risk management are crucial strategies.
• The long-term outlook for cryptocurrencies remains uncertain, but market cycles are normal.