Bitcoin's Modest Inflation Surge to $85,500 Diminishes as Bond Yields Remain Elevated
Bitcoin’s brief surge to the $85,500 level, sparked by a surprisingly mild Personal Consumption Expenditures (PCE) report, quickly lost momentum as Treasury yields stubbornly held near their highest levels since 2002. The episode highlights the delicate interplay between macroeconomic data, bond market dynamics, and the cryptocurrency’s price action, underscoring how even seemingly favorable news…
Oct. 1, 2026, 4:15 a.m.