Bitcoin is holding near $64,000 despite mounting pressure from higher Treasury yields and rising oil prices, as investors become increasingly cautious toward risk assets.

The U.S. 30-year Treasury yield climbed to its highest level since 2007, while Brent crude moved above $91 amid escalating tensions involving Iran. Despite the deteriorating macro backdrop, Bitcoin has so far remained within its established range.

Galaxy Digital research chief Alex Thorn said Bitcoin’s 30-day realized volatility has fallen close to record lows. He described the setup as similar to a compressed spring, implying that the prolonged period of quiet trading could eventually give way to a sharp move.

Metaplanet Expands Bitcoin Strategy Into the U.S.

Japanese bitcoin treasury firm Metaplanet is establishing a foothold in the U.S. through a deal involving Nasdaq-listed Super League.

Metaplanet plans to invest 2,100 BTC worth approximately $132 million, along with $2.5 million in cash. The company will receive common stock, preferred shares and warrants, taking the initial value of the transaction to around $134.6 million.

Super League shares jumped roughly 120% in premarket trading after the announcement, despite the company previously carrying a market capitalization of only about $4.5 million.

The business is expected to be renamed Superplanet and will operate as Metaplanet’s U.S. bitcoin treasury platform while continuing its gaming media activities. Metaplanet is expected to own approximately 95.7% of the company’s outstanding shares.

The transaction is scheduled to close in the fourth quarter, subject to shareholder approval, regulatory clearances and other conditions.

Metaplanet CEO Simon Gerovich said the deal will provide the company with a Nasdaq-listed vehicle for raising capital and extending its bitcoin treasury operations across both U.S. and Japanese markets.

July Housing Starts Fall More Than Expected

U.S. housing starts dropped to a seasonally adjusted annual rate of 1.239 million in July, down 12.4% from June’s 1.415 million level.

The result was also below the 1.35 million economists had expected. Building permits, however, increased 5% to 1.443 million, surpassing the 1.37 million forecast.

Despite the sharp decline in housing starts, the data series is highly volatile and influenced by seasonal adjustments. Additional reports will be required to determine whether elevated interest rates are having a sustained impact on the housing market.

The 10-year Treasury yield rose 1.4 basis points to 4.738% on Tuesday.

Oil Climbs Above $91 as Hormuz Tensions Rise

Brent crude rose beyond $91 a barrel as concerns around the Strait of Hormuz intensified.

President Donald Trump posted a map on Truth Social suggesting the strategically important waterway could become U.S. territory, following his earlier remarks about the region.

Crypto Sentiment Improves, But Fear Remains

The Crypto Fear & Greed Index increased to 41, marking its highest reading since mid-May. However, the index remains below the neutral 50 threshold and therefore continues to classify market sentiment as fearful.

The latest increase suggests conditions are improving, but it is not yet enough to confirm a lasting shift in investor confidence. A sustained move above 50 would provide stronger evidence of a broader sentiment recovery.

Bitcoin’s Long-Term Support Level Moves Higher

Bitcoin’s 200-week moving average has risen above $64,000 to approximately $64,217.

The metric tracks Bitcoin’s average weekly closing price over a 200-week period and is considered an important long-term indicator. With BTC trading close to the same level, the cryptocurrency is once again testing a benchmark that previously acted as major support during the bear market.

Rising Bond Yields Pressure Tech Stocks

The global sell-off in longer-duration bonds continued to weigh on technology stocks.

The Invesco QQQ ETF fell more than 1% in premarket trading as the U.S. 30-year Treasury yield increased another 20 basis points to 5.32%.

Bond yields also moved higher internationally. The U.K.’s 30-year gilt yield rose 23 basis points to 5.834% after labor-market figures came in weaker than expected. Japan’s 30-year government bond yield reached 4.126%, bringing it close to its May high.

Bitcoin and precious metals edged lower over the previous 24 hours, although BTC continued to hover around $64,000.

CME Records More Than $2B in Weekend Crypto Trading

Crypto trading on weekends has exceeded $2 billion since CME introduced 24/7 access to its cryptocurrency markets on May 29.

CME said the service is attracting both individual and institutional traders seeking to manage crypto exposure around the clock.

According to Velo data, Bitcoin has recorded a combined weekday return of -0.5% over the past three months. Weekend performance has been stronger, with Saturday and Sunday together generating a 0.51% gain.

Bitcoin Remains Resilient as Macro Risks Increase

Bitcoin was trading near $64,100 Tuesday, up around 1% and continuing to hold above $64,000 despite weakness across traditional markets.

Ether remained near $1,893, while most major cryptocurrencies traded flat. Hyperliquid stood out, gaining about 8.3% over the week.

The key macro risks remain rising energy costs and higher bond yields. The U.S. 30-year Treasury yield reached 5.33%, its highest level since 2007, as investors demanded greater compensation amid concerns over inflation and government borrowing.

S&P 500 futures declined 0.5%, while Brent crude climbed above $91 as U.S.-Iran tensions intensified.

Higher oil prices could add to inflation and reduce expectations for monetary easing, while elevated bond yields can tighten financial conditions and make risk assets less attractive.

Bitcoin has nevertheless shown relative strength, remaining positive for both the day and week while equities fall and long-term yields climb.

A sustained break above $64,500 could signal that fresh demand is successfully absorbing the macroeconomic pressure. However, another move toward $100 oil or a further surge in Treasury yields could quickly challenge Bitcoin’s ability to hold its ground.