Bitcoin’s modest inflation‑driven surge to $85,500 evaporates as bond yields stay high
In the middle of a volatile week for both traditional and digital assets, Bitcoin experienced a fleeting rally that saw its price climb past the $85,000 mark, only to retreat almost as quickly as it had risen. The catalyst for this brief ascent was a personal consumption expenditures (PCE) report that came in cooler than many analysts had anticipated. The PCE index, which the Federal Reserve watc…
Oct. 1, 2026, 4:15 a.m.