Seeking Alpha·2 min read

IBIT: Bitcoin’s Plunge Back To $62,000 Appears Imminent (NASDAQ:IBIT)

S
Sagar Agarwal
IBIT: Bitcoin’s Plunge Back To $62,000 Appears Imminent (NASDAQ:IBIT)
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Market Outlook Cryptocurrency Interest Rates Stock Ideas IBIT: Bitcoin's Plunge Back To $62,000 Appears Imminent Sep 14, 2026, 8:27 AM ET iShares Bitcoin Trust ETF (IBIT) , IBIT:CA BTC-USD , ETH-USD , SBIT , BITO , FBTC , GBTC 14 Comments Sagar Agarwal 735 Followers Follow Summary The crypto rally may be built on a dangerous assumption: that Scott Bessent can keep suppressing long-term Treasury yields indefinitely. The Fed could deliver a major reality check on September 16, with higher inflation and GDP projections and a hawkish Dot Plot potentially sending yields—and crypto—sharply lower. The September 15 CLARITY cloture vote may be far less bullish than markets expect: I expect a successful vote but that won't mean the bill is close to becoming law.

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