EconomyBitcoin fails to hold $85,000 breakout as bond yields rebound
Bitcoin briefly moved above $85,000 on Sept. 30 before falling back below $84,000 after the release of August US PCE inflation data. Headline PCE rose 3.4% year over year and core PCE 3.0%, while US and UK government bond yields rebounded as stocks and oil recovered, leaving Bitcoin unable to sustain its initial rally.
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CryptoSlate★★☆☆☆2026-09-30 17:50Original
Bitcoin fails to hold $85,000 breakout as bond yields rebound
Economy