Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017
Published . Updated .
Weak US jobs data has narrowed expectations for another Fed hike in October, offering Bitcoin some relief as investors continue to embrace the debasement trade.
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust
This price moves with the crypto market
- COIN Coinbase
The crypto exchange moves with trading volumes
- MSTR Strategy
This company's value is tied to its bitcoin holdings
- MARA MARA Holdings
Bitcoin miners move with the bitcoin price
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- RIOT Riot Platforms
Bitcoin miners move with the bitcoin price
- HOOD Robinhood
Retail trading apps move with crypto volumes
- SHY iShares 1-3 Year Treasury Bond
Short-term bonds move when the Fed changes rates
- SPY SPDR S&P 500
Stocks move when the Fed changes the rate path
Price reaction, T-5 to T+3
Weak US jobs data has narrowed expectations for another Fed hike in October, offering Bitcoin some relief as investors continue to embrace the debasement trade.
Source: Cointelegraph
Price since this story was published: Grayscale Bitcoin Trust ETF (GBTC)
Since the first closing price after “Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017,” Grayscale Bitcoin Trust ETF (GBTC) is -4.57%. The S&P 500 fund (SPY) is -1.60% over the same days, a -2.97% difference versus the market.
Who gains and who loses around Grayscale Bitcoin Trust ETF (GBTC)
Companies carried with this story
- GBTC Grayscale Bitcoin Trust ETF
In “Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017,” Grayscale Bitcoin Trust ETF (GBTC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITB Bitwise Bitcoin ETF
Bitwise Bitcoin ETF (BITB) is linked, with no stored direction, medium confidence in the 5 Oct 2026 story “Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017.” Reason on file: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITU Proshares Ultra Bitcoin Etf
For “Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017,” Proshares Ultra Bitcoin Etf (BITU) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITU as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- BITX 2X Bitcoin Strategy Etf
In “Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017,” 2X Bitcoin Strategy Etf (BITX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BITX as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- EDV Vanguard Extended Duration Treasury Etf
Vanguard Extended Duration Treasury Etf (EDV) is linked, with no stored direction, medium confidence in the 5 Oct 2026 story “Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017.” Reason on file: GA selected EDV as a RELATED security because its canonical security name directly matches this event's themes: treasury. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- FAS Direxion Daily Financial Bull 3X Etf
In “Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017,” Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence. Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Grayscale Bitcoin Trust ETF (GBTC)
“Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017” (5 Oct 2026) reaches Grayscale Bitcoin Trust ETF (GBTC) through this story.
For Grayscale Bitcoin Trust ETF (GBTC), the reason on file says GA selected GBTC as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Bitwise Bitcoin ETF (BITB) is here too. Its reason reads: GA selected BITB as a RELATED security because its canonical security name directly matches this event's themes: bitcoin. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates in the story, and the Grayscale Bitcoin Trust ETF (GBTC) price range
BITB traded between 43.26 and 47.30 across 20 sessions. The latest close on file is 44.34. BITU traded between 13.70 and 16.49 across 20 sessions. The latest close on file is 14.38. GBTC traded between 61.55 and 67.38 across 20 sessions. The latest close on file is 63.11.
How strong the case is around Grayscale Bitcoin Trust ETF (GBTC)
46 out of 100
“Treasury yields at 5% threaten extending Bitcoin’s best quarter since 2017” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.