Bitcoin and other leading cryptocurrencies extended their declines on Monday as rising bond yields and stronger expectations for interest-rate hikes weighed on risk assets. Bitcoin fell 1.20% to $82,930.28 at 9:24 p.m. EDT after failing to sustain a move above $84,000, while Ethereum slipped 0.20% to $2,665.02 after reaching an intraday high of $2,717.37. XRP dropped 2.30% to $1.48, Solana lost 3.90% to $117.15 and Dogecoin declined 3.60% to $0.09299. More than $530 million was liquidated from the crypto market over 24 hours, mostly from bullish long positions, while Bitcoin open interest (the value of outstanding derivatives contracts) fell 2.21%. Despite the deleveraging, smart-money sentiment remained bullish. Hedera, Algorand and Chainlink were among the leading gainers, rising 22.90%, 11.50% and 9.00%, respectively. The global crypto market capitalization was $2.96 trillion, broadly unchanged over 24 hours. Traditional markets also weakened as the 10-year Treasury yield reached 5.23%, its highest level since June 2007, and traders priced in a 71% chance of another 25-basis-point rate hike in October. Analysts Ali Martinez and Michaël van de Poppe identified potential bullish signals for Bitcoin, but tied further upside to support near $82,000 and a reclaim of $84,000.