Soft PCE Fails to Lift Bitcoin as Treasury Yields Stay High, BTC Retreats From $85,500
- —Bitcoin rose to $85,500 on PCE data, then fell back to about $83,700
- —US 10-year Treasury yield at 5.28%, 30-year at 5.62%
- —August PCE inflation at 3.4% year-on-year, core at 3.0%
- —HYPE gained 3% to $89, while Solana slipped 1% below $119
Why it matters: Without a sustained decline in Treasury yields, bitcoin is likely to stay range-bound between $83,000 and $85,000.
Source: 動區 BlockTempo