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

Published by CoinDesk · United States 6 h ago

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.

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

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