Bitcoin price dives under $79K as US bond market triggers 3% BTC price rout
15 May 2026 at 19:21
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Bitcoin joined stocks in a sell-off over US bond yields as BTC price action eyed its lowest levels for May after giving up gains.
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Bitcoin joined stocks in a sell-off over US bond yields as BTC price action eyed its lowest levels for May after giving up gains.
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Bitcoin traders split between a "massive catch-up" with stocks and the start of its "next downtrend" as BTC price action failed to flip $82,000 to support.
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Bitcoin entered recovery mode after inflation-induced losses, while US stocks shook off macro data with broader risk appetite "skyrocketing."
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Bitcoin slipped further below the $80,000 mark as US PPI data compounded the inflation problem from the US-Iran war and associated high oil prices.
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Bitcoin reduces its drop from all-time highs to 35% in a move that sparked new BTC price all-time highs "within a year" on seven occasions in the past.