Bitcoin fell as much as 2.2% on September 28 to roughly $82,702, reversing a brief rally above $87,000 and settling into an $82,700-to-$84,000 range. The decline came as the 10-year Treasury yield exceeded 5% for the first time since 2007, the Federal Reserve maintained a hawkish interest-rate stance, the dollar strengthened and economic data disappointed. Bitcoin remained about 33% below its roughly $126,000 all-time high set in October 2025. Spot Bitcoin ETFs recorded more than $2.39 billion in net inflows in the week ended September 25, the largest weekly inflow of 2026, showing institutional demand remained strong even as prices weakened. The move also underscored Bitcoin’s tendency to trade as a risk asset during sharp yield increases and dollar strength. Its earlier recovery through August and early September had been supported by improving ETF inflows and short-covering, but momentum faded as bond yields rose.