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Bitcoin briefly hits $85,500 on soft U.S. inflation but falls as bond yields stay high.

Market News
01 Oct 2026
Coindesk
View Source
Neutral
Bitcoin briefly hits $85,500 on soft U.S. inflation but falls as bond yields stay high.

Bitcoin rose above $85,500 briefly after a softer-than-expected U.S. inflation report suggested cooling prices, reducing the chances of a Fed rate hike in October. However, gains faded as U.S. Treasury yields remained near their highest levels since 2002, with the 10-year yield around 5.3%. Other cryptocurrencies like HYPE and Dogecoin saw modest gains, while Solana slipped. The sustained high bond yields limited Bitcoin's rally, indicating that a significant drop in yields would be needed for a stronger crypto market advance.

As of Oct 01, 2026 11:31 WIB, Bitcoin trades on Pluang at Rp1.504.579.547, up 0.99% in the past day, showing modest gains despite the fading rally noted in the article. Dogecoin also sees a positive move with a 2.27% increase to Rp1.713, while Solana is slightly down by 0.37% at Rp2.123.807. The typical hold time for Bitcoin on Pluang is 110 days, indicating steady investor interest even as bond yields remain high.

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