US CPI Data Sparks Risk-Asset Upside as Bitcoin Eyes $80,000 Mark

US CPI Data Sparks Risk-Asset Upside as Bitcoin Eyes $80,000 Mark

US CPI data delivers upside to crypto and risk assets while US 30-year bond yields briefly spike to their highest since June 2004.

Bitcoin Rebounds Toward $80K as US CPI Data Meets Expectations

TL;DR: The US Consumer Price Index (CPI) recorded a 3.4% year-over-year increase in August 2026, while core inflation rose 0.3% month-over-month. The price of Bitcoin rallied more than 3% intraday, reclaiming the $79,000 level after touching an earlier low of $76,040. The 30-year US Treasury yield climbed to 5.309%, reaching levels not seen since June ...

Bitcoin Nears $80,000 After CPI, but High Bond Yields Keep the Pressure On

Bitcoin rebounded toward $80,000 after the latest CPI report, but rising real yields and weak ETF flows still threaten the move.

Bitcoin Rebounds Toward $80,000 After US Inflation Data

Bitcoin rebounded toward $80,000 on Friday after the latest US inflation data broadly met expectations, although stronger-than-expected core inflation and rising bond yields continued to weigh on market sentiment. Bitcoin briefly climbed above $79,000 after initially falling toward $76,000. The cryptocurrency later gained more than 3% as traders digested the August Consumer Price Index (CPI) […]

Bitcoin Targets $80K as US CPI Lifts Bond Yields to 22-Year High

Bitcoin rebounded to around $79,000 on Friday after US core inflation data came in broadly in line with expectations, helping ease pressure across risk assets earlier in the session. The relief rally, however, unfolded against a backdrop of sharp moves in US bond yields—an environment market participants say can still make it harder for BTC [...]