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Market move● Neutral for Indian equities

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

1 source · first seen 09:45 1 Oct · updated 09:45 1 Oct

The brief

Written from 1 report · check the source before you trade
  • Bitcoin briefly rose above $85,000 after cooler-than-expected PCE inflation data
  • Gains faded as Treasury yields stayed near their highest since 2002

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Bitcoin9 todayUS inflation48 todayBond yields72 todayUS Treasuries33 todayCrypto20 today

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CoinDeskBitcoin's soft-inflation pop to $85,500 fades as bond yields refuse to fall09:45