BTC, ETH Price News: Bitcoin Slips to $83,000 as ZEC Drops 12% and Oil Climbs Again
- Bitcoin rose 0.4% to just above $83,700 during Thursday Asian morning hours, retreating from Wednesday's $85,500 peak as Treasury yields remained elevated near their highest levels since 2002.
- August's PCE report showed prices up 3.4% annually and 3.0% excluding food and energy, reducing Federal Reserve rate hike odds for October. Dan Khus of LVRG Research noted, "Crypto markets took that as a relief signal, and bitcoin jumped back above $85,000."
- The 10-year Treasury yield traded around 5.28%, near Wednesday's peak, while the 30-year steadied at 5.62% after hitting its highest since 2002 during New York trading. High yields limited Bitcoin's ability to sustain gains above $85,000.
- HYPE rose 3% to about $89 and DOGE gained nearly 2% to under 10 cents, while SOL slipped nearly 1% to under $119. Japan's Nikkei jumped 2.7% and Alphabet added 1.5% on Gemini 4 Argon rollout.
- The cooling PCE data suggests December as the more likely timeframe for the next Federal Reserve move, though late swings on Wall Street erased earlier gains and capped market momentum.
38 Articles
38 Articles
Bitcoin holds near $84,000 as strong ETF inflows support recovery, spot demand moderates
Bitcoin traded near $84,000 as institutional demand, ETF flows and softer US inflation data supported sentiment, while elevated Treasury yields and cautious spot demand limited gains. Analysts highlighted $82,000-$82,500 support and US jobs data as key near-term catalysts.
Cointelegraph
The New York LedgerBitcoin Trapped Below $86K as PCE Changes Cloud Inflation Reading
Bitcoin held above $83,000 after reversing a rally to $85,600 following lower-than-expected US PCE inflation data.
Bitcoin Crossed $85,000 on Cooler Inflation Data, Then Lost It the Same Day. Why Does Bitcoin Keep Failing at $85,000?
Bitcoin (CRYPTO:BTC) recently climbed above $85,000 following a better-than-expected inflation report, only to retreat within hours. As of September 30, 2026, Bitcoin is trading around $84,070, just below the key $85,000 level, after fluctuating between $85,518 and $82,951 over the last day. This puts Bitcoin about 33% below its all-time high of $126,080 recorded on […]
● This week, Bitcoin temporarily fell to around $82,000 (approximately 12.95 million yen) due to rising oil prices and US interest rates following the stall in US-Iran talks, but then US PCE (Personal Consumer Economic Stock Exchange)... The post BTC (Bitcoin) direction may be influenced by FOMC minutes, US fiscal risks also a concern due to high interest rates [Monex Securities] first appeared on NADA NEWS.
Bitcoin Stays Below $86K as PCE Data Clouds Inflation Outlook
Bitcoin remained below $86,000 on Thursday after giving back gains following the release of lower-than-expected US inflation data. BTC/USD briefly rallied to around $85,600 before reversing, leaving the cryptocurrency trading above $83,000. The US Personal Consumption Expenditures (PCE) price index rose 3.4% year-on-year in August, below the 3.7% market expectation. Core PCE inflation, which excludes […]
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