Bitcoin’s Soft-Inflation Rally to $85,500 Fades as Bond Yields Hold Firm
Key Highlights: Bitcoin rose 0.4% to just above $83,700 during Thursday morning trading in Asia. Bitcoin briefly reached $85,500 after a softer-than-expected U.S. inflation report before retreating as Treasury yields remained elevated. HYPE and Dogecoin led major cryptocurrencies higher, while Solana underperformed and fell nearly 1%. Bitcoin Gains Fade as Treasury Yields Stay Elevated Bitcoin ...