Bitcoin’s modest inflation surge to $85,500 wanes as bond yields stay elevated
Bitcoin’s recent flirtation with the $85,000 mark was short‑lived, and the episode underscores how closely the cryptocurrency’s price movements remain tethered to broader macroeconomic forces, especially U.S. Treasury yields. On Wednesday, a Personal Consumption Expenditures (PCE) report that came in cooler than analysts had projected briefly buoyed the digital asset, pushing it above the $85,000…
Oct. 1, 2026, 4:15 a.m.