--- title: "Why bitcoin was slumping on Friday" type: "News" locale: "en" url: "https://longbridge.com/en/news/286626700.md" description: "Dramatic movements on the bond market weren't beneficial for the leading cryptocurrency." datetime: "2026-05-16T01:01:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286626700.md) - [en](https://longbridge.com/en/news/286626700.md) - [zh-HK](https://longbridge.com/zh-HK/news/286626700.md) --- # Why bitcoin was slumping on Friday Dramatic movements on the bond market weren't beneficial for the leading cryptocurrency. ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [YBTC.US](https://longbridge.com/en/quote/YBTC.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [BLOK.US](https://longbridge.com/en/quote/BLOK.US.md) ## Related News & Research - [Galaxy Digital Secures One of America’s Toughest Crypto Licences to Serve New York Institutions](https://longbridge.com/en/news/286847648.md) - [Robinhood's (HOOD) Crypto Revenue Collapsed. The Business Did Not](https://longbridge.com/en/news/286385984.md) - [Bitget enters Mexico market with SAT and UIF registration](https://longbridge.com/en/news/286532952.md) - [Bitget introduces market integrity and token accountability framework](https://longbridge.com/en/news/287049013.md) - [THORChain Price Outlook: Panic or Opportunity After RUNE Crashes 30%?](https://longbridge.com/en/news/286643134.md)