WORLDTECHBitcoin & Crypto SINGLE SOURCE
Bitcoin's soft-inflation pop to $85,500 fades as bond yields refuse to fall
First reported Source: CoinDeskLast editorial activity
What happened
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.
Sources & evidence
- CoinDesk Reporting source
Bitcoin's soft-inflation pop to $85,500 fades as bond yields refuse to fall โ
https://www.coindesk.com/markets/2026/10/01/bitcoin-s-soft-inflation-pop-to-usd85-500-fades-as-bond-yields-refuse-to-fall