Bitcoin Tops $85,500 After PCE Data, Then Falls Back to $84,000

Bitcoin briefly topped $85,500 after the August PCE data. It later retreated to around $84,000, according to CoinDesk, while yields on longer-term U.S. bonds rose.

Bitcoin briefly topped $85,500 after the August PCE data. It later retreated to around $84,000, according to CoinDesk, while yields on longer-term U.S. bonds rose.