Gate Research: Oil and U.S. Treasury Yields Rise, Pressuring U.S. Equities and Crypto Markets

• Stock Market: Rising oil prices and U.S. Treasury yields pressured risk assets, with all three major U.S. indices lower: the S&P 500 fell 0.77% and the Nasdaq declined 0.92%. Nvidia rose 1.6% after adding $150 billion to its share-repurchase authorization, while AMD, Meta and Boeing fell. The Hang Seng Index gained 0.54% as southbound funds recorded aggregate net selling of HK$6.554 billion. South Korea’s KOSPI fell 2.70%, with Samsung Electronics and SK hynix down 5.43% and 5.05%, respective

• Market Commentary: BTC retreated below 84,000 USDT to 83,466.80 USDT, down 1.67% over 24 hours. Gate USDT futures open interest fell 4.27% from 24 hours earlier to approximately $4.282 billion. ETH fell 0.37%, with Gate USDT futures open interest declining to approximately $2.126 billion. Total crypto market capitalization was approximately $2.87 trillion, down 3.21%; the Altcoin Season Index was 70 and the Fear and Greed Index was 73.

• Trending Tokens: KAIO, CHEX and NMR gained 120.05%, 47.27% and 30.51%, respectively. The KAIO and CHEX moves may have reflected capital rotation within the RWA theme, with no major project development directly corresponding to the gains identified. NMR’s hourly RSI was 70.09 and Gate USDT perpetual futures open interest rose 173.55% over 24 hours, requiring attention to leverage participation and price-volatility risk.

• Alpha Insights: A U.S. Senate report said that 87% of 757 wallets identified as involved in Iran-related terrorist financing primarily used USDT; subsequent developments remain subject to regulatory review and enforcement progress. Citi and Coinbase plan to first launch corporate stablecoin-payment capabilities in the United States, with a launch timetable and scope yet to be disclosed. Strive purchased 1,107 BTC from September 21 to 25, bringing holdings to 27,462 BTC.

Discover more details today → Gate Research: Oil and U.S. Treasury Yields Rise, Pressuring U.S. Equities and Crypto Markets

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Disclaimer

Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.

Gate Team
September 29, 2026

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