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.

According to Reuters and Bloomberg, U.S. federal prosecutors are examining whether Binance failed to prevent trading that may have violated sanctions against Iran. Authorities have not publicly confirmed the new probe.

The U.S. OFAC has added Iranian crypto exchange BitBank, its developer and three individuals to the SDN sanctions list.

British, U.S. and Dutch security agencies released technical details about the Windows spyware CHOSEN BRICK, which they say was used by actors operating on behalf of Iran’s MOIS.

Bitcoin briefly fell below $76,500 on September 2. The move came amid escalating tensions in the U.S.-Iran conflict, rising oil prices and higher U.S. Treasury yields.