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

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Your call?🐂 Bullish🐻 Bearish

$85,500

Bitcoin intraday high

$BTC

$84,209

+1.2%

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.