Bitcoin’s Soft‑Inflation Surge to $85,500 Fades as Bond Yields Remain Elevated
Bitcoin’s brief ascent past the $85,000 mark on Wednesday was driven primarily by a softer‑than‑expected Personal Consumption Expenditures (PCE) report, which suggested that inflation pressures might be easing faster than many analysts had anticipated. The market reaction was swift: the leading cryptocurrency surged, briefly flirting with the $85,500 level, a figure that had seemed within reach a…
Oct. 1, 2026, 4:15 a.m.