Movement Alert|iShares Bitcoin Trust Falls 3.06% in Regular Trading, Fed Rate Hike Expectations Surge Past 90% as Treasury Yields Break 5%

Market Focus
Sep 15

On September 15, iShares Bitcoin Trust declined 3.06% in regular trading, trading at $43.32/share, with turnover of $376 million. The sell-off comes as Bitcoin hovered near $79,000-$80,000, weighed down by a confluence of macro headwinds ahead of the Federal Reserve's September 15-16 rate decision.

CME FedWatch data shows the probability of a 25-basis-point rate hike to 3.75%-4.00% has climbed above 90%, while Goldman Sachs and HSBC both revised forecasts to anticipate September tightening, citing persistent inflation with August CPI rising 0.4% month-over-month. The 10-year U.S. Treasury yield broke above 5% for the first time since 2023, triggering broad risk-asset selling across equities, commodities, and crypto. Oil prices remaining above $92/barrel further constrain the Fed's room for dovish pivots. Analysts note Bitcoin faces a critical support zone at $75,000-$76,000, with Coinglass data showing $17.88 billion in cumulative long liquidation intensity if BTC breaches $75,222.

The iShares Bitcoin Trust seeks to reflect generally the performance of the price of bitcoin.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10