Why is Bitcoin (BTC) down 2.48% Today, September 24, 2026? Rising Yields and Long Liquidations Test the $85,056 Reclaim

Bitcoin slid 2.48% to ~$84.2k after strong US PMI data lifted the 10-year Treasury yield above 5%, tightening financial conditions for risk assets. The move was exacerbated by heavy derivatives deleveraging, with ~$130.36M of BTC long liquidations (and ~$159.4M total) accelerating downside momentum after a failed break near $87k. Focus shifts to close-based levels around $85,056 (reclaim) and $81,154 (support).