Live updates: Bitcoin climbs over $80,000 as rally accelerates at U.S. market open

Bitcoin surged above $80,000 as U.S. markets opened, outperforming U.S. equities which turned lower. The move coincided with rising global bond yields, a stronger dollar and fresh central bank moves including a Bank of Japan rate hike that did not stop the yen's decline.

By AI Newsroom· Reviewed by Pranav, Founder & Editor-in-ChiefPublished 43 minutes agoUpdated 43 minutes ago0 views

Live updates: Bitcoin climbs over $80,000 as rally accelerates at U.S. market open

Why It Matters

The price action highlights a continuing decoupling between bitcoin and traditional equity benchmarks during a period of shifting central-bank policy and higher sovereign yields. The strength in crypto has also lifted related equities and prompted index changes for a bitcoin-holding firm, underlining crypto's growing market footprint.

Key Facts

Bitcoin price: Above $80,000, roughly 5% higher over the past 24 hours
Weekly low earlier this week: $75,000 following the Clarity Act failure and a Federal Reserve rate hike
U.S. 10-year Treasury yield: Back above 5% (had been reported at 4.96% in pre-market trading)
Bank of Japan rate decision: Raised rates by 25 basis points to 1.25%
USD/JPY: Around 157.65, yen down more than 1% in 24 hours

Bitcoin jumped past the $80,000 mark during the U.S. market open, gaining about 5% over the prior 24 hours and reversing losses from earlier in the week when it had dipped to roughly $75,000 after the Clarity Act failed and the Federal Reserve raised rates. The crypto rally stood in contrast to broader U.S. equities — including the Nasdaq 100, S&P 500 and Dow Jones — which were trading lower as the session began. Crypto-linked stocks rose alongside the digital-asset rally, with Strategy (MSTR), Coinbase (COIN) and Robinhood (HOOD) all posting notable gains in the session. Other tokens also advanced earlier in the day: Hyperliquid's HYPE led majors with double-digit gains in Asian trading, while Zcash, Solana, BNB, DOGE, XRP, ether and bitcoin showed positive moves across the board. Global bond yields climbed again, pressuring traditional risk markets and supporting a firmer U.S. dollar. The U.S. 10-year Treasury yield moved back above 5%, and the Dollar Index approached the 100.5 area. Central banks remained active: the Bank of Japan raised its policy rate by 25 basis points to 1.25%, but the move did not halt a renewed selloff in the yen, which weakened more than 1% to about 157.65 per dollar. Corporate and market-structure developments accompanied the price action. ProCap Financial, a company that holds more than 5,000 bitcoin, will join the Russell 2000 and Russell 3000 and will rebrand as Silvia (ticker SVIA) effective Sept. 22. Separately, Berkshire Hathaway announced that Warren Buffett will step down as chairman after 61 years and assume the title of chairman emeritus, with Howard Buffett named as his successor as chairman.