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Bitcoin rallies past $79K after US inflation data meets expectations, but high Treasury yields pose risks.

Market News
11 Sep 2026
Blockonomi
View Source
Neutral
Bitcoin rallies past $79K after US inflation data meets expectations, but high Treasury yields pose risks.

Bitcoin surged above $79,000 following the release of US August inflation data showing 3.4% annual inflation, matching forecasts. The Consumer Price Index rose 0.4% monthly, with energy costs, especially gasoline, driving much of the increase. Market expectations for a Federal Reserve rate hike in September rose sharply to 85-86%. Despite the price jump, analysts warn that high Treasury yields and uncertain technical signals could limit Bitcoin's upside, with potential for further volatility ahead.

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