Undercurrent CapitalbetaSign in
1 / 1
✕
NewsCoinDesk ·

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.

─ Neutral0 readers/hr

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.