Bitcoin falls under $64K as surging US bond yields boost Fed rate-hike odds

CryptoInfo Editorial Team · Published on July 24, 2026 at 14:28 · Updated on July 24, 2026 · 1 min read

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Bitcoin saw several dips under the $64,000 mark as a Binance “plunge protection team” reemerged with bid liquidity to avoid a deeper BTC price rout.

This development comes as surging US bond yields have boosted the odds of a Fed rate hike, according to reporting from CoinTelegraph.

The combination of these factors has resulted in Bitcoin falling under $64,000.