Key Takeaways

• Bitcoin slides: The world’s largest crypto fell 1.5% to $76,946.6 — its lowest level since May 1.
• $80K dream dies: Bitcoin briefly climbed above $80,000 last week but failed to sustain momentum.
• Oil above $110: Crude prices jumped following UAE drone incidents and stalled Iran diplomacy.
• Bond sell-off: The U.S. 10-year Treasury yield hit its highest level since early 2025.
• Rate cut hopes vanish: Traders see rates largely unchanged through most of 2026, with growing odds of a rate hike this year.
• Trump’s deadline: “Time is ticking” for Iran to reach an agreement, raising fears of deeper conflict.
• Risk-off mood: Investors are cutting exposure to speculative assets amid inflation worries.
• Nvidia earnings looming: The chip giant’s results this week could influence broader risk sentiment.
• ETF inflows insufficient: Despite continued institutional interest, Bitcoin can’t break through $80,000.
• Altcoins follow lower: Ethereum lost 3% to $2,122.12, XRP fell 1.5% to $1.395, while Solana, Cardano, and Polygon all retreated.
• Memecoins drop: Dogecoin slipped 2.8%.

Bitcoin fell below $77,000 on Monday, extending weekend losses as surging global bond yields and rising oil prices linked to escalating Iran tensions weakened appetite for riskier assets.

The world’s largest cryptocurrency last traded 1.5% lower at $76,946.6 by 00:54 ET (04:54 GMT) — its lowest level since May 1.

Bitcoin briefly climbed above $80,000 last week but failed to sustain momentum.

Bond Yields Surge Amid Oil-Driven Inflation Worries

Investors were cutting exposure to speculative assets amid mounting fears that higher energy prices could fuel global inflation and keep interest rates elevated for longer.

Oil prices climbed above $110 per barrel on Monday following reports of drone incidents in the United Arab Emirates and stalled diplomatic efforts over Iran.

Rising energy prices triggered a broad sell-off in government bonds, sending the benchmark U.S. 10-year Treasury yield to its highest level since early 2025.

Traders have scaled back expectations for Federal Reserve interest rate cuts, and now see rates largely unchanged through most of 2026, while futures markets have begun reflecting growing chances of a rate hike this year.

The jump in yields hurt demand for cryptocurrencies and other high-growth assets by increasing the attractiveness of safer fixed-income investments.

U.S. President Donald Trump on Sunday warned that “time is ticking” for Iran to reach an agreement with Washington — raising concerns about a deeper regional conflict and continued disruptions to global oil supply routes.

Bitcoin has struggled to sustain momentum above the $80,000 level despite continued institutional interest and inflows into spot Bitcoin exchange-traded funds.

Investors were also cautious ahead of Nvidia earnings later this week, which could influence broader risk sentiment across financial markets.

Crypto Price Today: Altcoins Retreat Amid Broader Risk-Off Mood

Most altcoins also fell on Monday, tracking the global risk-off mood.

Ethereum, the world’s second-largest cryptocurrency, lost 3% to $2,122.12.

XRP, ranked third globally, fell 1.5% to $1.395.

Solana eased 2%, while Cardano and Polygon declined 1.5% each.

Among meme tokens, Dogecoin slipped 2.8%.