Bitcoin registered an intraday low at $83,500 on Sept. 23, the same day the US 10-year Treasury yield closed at 5. 11%, up 15 basis points in a single session, as a hotter-than-expected business activity survey pushed investors to reprice interest rates.
Source: [CryptoSlate](https://cryptoslate.com/why-surging-us-real-yields-are-quietly-forcing-bitcoin-under-84000/)