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US Market Stress Weighs On Bitcoin After Key Support Breaks

8h25 ▪ 3 min read ▪ by Luc Jose A.
Getting informed Bitcoin (BTC)
Summarize this article with:

The 70,000-dollar threshold did not hold. In a climate of high volatility in the United States, bitcoin takes the full brunt of the return of instability in traditional markets. Bond yields under pressure, rising volatility index, marked risk aversion : the macroeconomic backdrop is hardening. This sequence goes beyond a simple technical correction. It illustrates bitcoin’s growing dependence on global financial dynamics. So, can the crypto market still free itself from macroeconomic cycles ?

Bitcoin is being hit sideways by a wave of volatility coming from the left.

In brief

  • Bitcoin falls below $70,000 amid heightened volatility in US markets.
  • The rise in the VIX index and pressure on bond yields signal a marked return of risk aversion.
  • The Crypto Fear & Greed Index drops to 7, reflecting a climate of “extreme fear” in the market.
  • The situation confirms Bitcoin’s growing dependence on global macroeconomic dynamics.

Traditional markets put bitcoin under pressure

While Mike McGlone mentions a risk of a drop to 10,000 $, bitcoin’s current correction is embedded in a financial environment marked by several converging signals :

  • The CBOE volatility index (VIX) hovers around 22.50, a level historically associated with a rise in risk aversion. Indeed, VIX peaks above 20 have coincided with local BTC highs, notably around 104,000 dollars in December 2024. When VIX exceeded 25 in spring 2025, bitcoin fell towards 80,000 dollars ;
  • The 10-year US Treasury yield is around 4.02 %, approaching a key technical zone, reflecting persistent tension in bond markets ;
  • The Crypto Fear & Greed index has dropped to 7, a level corresponding to an “extreme fear” phase, revealing a marked cautionary climate among investors ;
  • Growth in stablecoin reserves is slowing compared to inflows observed at the end of 2025, signaling a weakening of incoming capital flows into the crypto market.

Taken together, these indicators reflect a risky environment where speculative assets mechanically suffer the pressure of increased volatility and a defensive repositioning of capital. Bitcoin thus moves in the wake of traditional markets, confirming a correlation that remains structural during macroeconomic stress phases.

A weakened technical threshold

Technically, bitcoin failed to maintain the 70,000-dollar threshold despite several attempts at stabilization. Staying below this zone calls into question buyers’ ability to defend a major psychological support. Thus, the current dynamic opens the way to a possible test of the yearly lows if selling pressure continues.

The weight of long-term moving averages should also be highlighted, as they continue to exert pressure on the price. Without a clear catalyst likely to rekindle risk appetite, the market could evolve into a larger consolidation phase, with a fragile short-term bias.

This sequence reminds us that bitcoin remains sensitive to global macroeconomic cycles. While a rebound in confidence in financial markets could quickly reverse the trend, the current configuration demands a careful reading of traditional indicators. The 70,000-dollar zone now acts as a strategic benchmark to gauge the market’s solidity in the coming weeks.

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Luc Jose A. avatar
Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.