✉news BusinessCrypto first seen 14 h ago, last 3 h ago, peak #2
Bitcoin's $85,500 rally 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 softer-than-expected US inflation reading, but the gains quickly faded as bond yields failed to decline. Traders said the move showed that crypto remains sensitive to macro conditions, with Bitcoin struggling to hold momentum while borrowing costs stay elevated. Investors are watching whether yields ease to give risk assets a clearer runway.
Why now: Softer inflation data briefly lifted Bitcoin, but stubborn bond yields quickly reversed the gains, prompting traders to debate the macro outlook.
Rank over time, top of the chart is #1. 2 snapshots from 4 h ago to 3 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/570427