CoinsAQ summary · neutral
BTC price: Bitcoin's soft-inflation pop to $85,500 fades as bond yields refuse to fall
What happened
Bitcoin rose 0.4% to just above $83,700 as of Thursday Asian morning hours. A softer-than-expected U.S. inflation report had pushed it as high as $85,500 on Wednesday, and the gains faded as Treasury yields stayed near their highest levels since 2002. HYPE led the majors, up 3%.
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