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Bitcoin's soft-inflation pop to $85,500 fades as bond yields refuse to fall

CoinDeskOctober 1, 2026 · 4:34 AM2 min read
Bitcoin's soft-inflation pop to $85,500 fades as bond yields refuse to fall

A cooler-than-expected PCE report sent bitcoin briefly above $85,000 on Wednesday. Treasury yields held near their highest since 2002 and the gains drained away.

Originally published on CoinDesk

A cooler-than-expected PCE report sent bitcoin briefly above $85,000 on Wednesday. Treasury yields held near their highest since 2002 and the gains drained away.

Read the full article on CoinDesk →

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#bitcoin

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