Crypto News

Bitcoin Slides as Consumer Confidence Hits Decade Low and Fed Says No Urgency

Sep 30, 2026 09:13 Written by Newisty Editorial Team bitcoin federal-reserve consumer-confidence treasury-yields stocks

Bitcoin slips as consumer confidence hits decade low
The Conference Board's Consumer Confidence Index fell to its lowest level in more than a decade in September, with expectations of continued weakening in business and labor market conditions.
Bitcoin turned lower alongside stocks on Tuesday, according to CoinDesk's live market updates.

Fed comments move rate markets

New York Fed President John Williams said "there is no need for urgency" on another rate hike after the Fed's September meeting.
Williams said his base case is for just one more rate hike this year.
The two-year Treasury yield fell to 4.88% from as high as 4.96% earlier Tuesday.
October rate hike odds dipped to 51% from 70% one day earlier.
Bitcoin and stocks were not reacting strongly to the remarks, both continuing with modest losses for the day.

Sources

CoinDesk

Written by

Newisty Editorial Team

Technology · Crypto · Digital Economy

View all posts

Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.