Bitcoin rose 1% to trade just above $84,200 on Tuesday, finding buyers on dips to approximately $82,500. The movement came as the 10-year Treasury yield held near 5.25% following a climb on Monday to its highest level since 2007, according to CoinDesk data.
Among other major digital assets, Ether led the group with a 2% increase to nearly $2,720. Dogecoin (DOGE) added 3%, XRP gained 2%, and BNB, Solana (SOL), and Tron (TRX) each increased by under 1%. Hyperliquid (HYPE) slipped 1%, while Zcash (ZEC) emerged as an outlier, dropping 9% to about $1,423.
In fund flows, U.S. spot bitcoin exchange-traded funds recorded about $31 million in inflows on Monday, while ether funds took in approximately $17 million, data from SoSoValue shows. Solana and XRP funds added a combined $17 million, whereas the sole U.S. ZEC fund posted the only net outflow, losing about $8 million.
Alex Kuptsikevich, chief market analyst at FxPro, noted in an email that cryptocurrencies are cautiously forming a rebound from the previous week's lows near $2.83 trillion, bringing the total market capitalization to $2.87 trillion.
"However, as long as the market remains below $2.90T, it is technically in a short-term downtrend. The strengthening US dollar and uncertainty in the equity markets are adding to the unease," Kuptsikevich said, adding that the short-term working scenario suggests bitcoin has found support on a pullback following previous growth momentum.
