Bitcoin's Modest Inflation Surge to $85,500 Diminishes as Bond Yields Remain Stubbornly High
Bitcoin’s brief ascent to the $85,000‑plus territory on Wednesday was largely a reaction to a surprisingly mild Personal Consumption Expenditures (PCE) report, which many analysts had expected to be more inflationary. The softer‑than‑forecast data momentarily lifted sentiment in the cryptocurrency market, pushing the leading digital asset past the $85,500 threshold. However, the rally proved flee…
Oct. 1, 2026, 4:15 a.m.