✉news BusinessCrypto first seen 5 h ago, last 1 h ago, peak #2
Bitcoin's rally to $85,500 fades as bond yields stay high
Original: BTC price: Bitcoin's soft-inflation pop to $85,500 fades as bond yields refuse to fall
Bitcoin briefly climbed to $85,500 after a soft US inflation reading, but the gains quickly faded as bond yields failed to decline. Traders say persistent yields are weighing on risk appetite, limiting the cryptocurrency's momentum despite the encouraging inflation data.
Why now: A soft inflation print briefly lifted Bitcoin to $85,500, but stubborn bond yields quickly erased the gains, drawing trader attention.
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/570427