Bitcoin trades near $83,000 as Treasury yields weigh on crypto

Bitcoin opened Monday, October 12, at about $83,673, down roughly 3.2% over a week and about 24.5% over a year from its October 2025 peak of $126,198, as Yahoo Finance noted rising bond yields as a pressure on crypto. Yahoo Finance

Yahoo FinanceBitcoin and ethereum prices today, Monday, October 12, 2026: How bond yieldsBitcoin opened at $83,673.01 on Monday, October 12, 2026, up 0.9% from Sunday

Bitcoin pays no yield while Treasuries do. How much of its recent price action do you think is driven by rates versus crypto-specific factors?