DevelopingCrypto & Digital AssetsUS CPI . Fed Rate Decision . BitcoinHigh impactBy Kumar Singh4 views
Bitcoin Rallies Into an 85% Rate-Hike Bet as 30-Year Yield Touches a 2004 High
US August CPI held at 3.4% year-on-year, but core rose 0.3% against a 0.2% estimate. Bitcoin dipped near $76,000 on the print, then recovered above $79,000. Fed hike odds for the September 16 meeting jumped to 85-86%. The 30-year Treasury yield touched its highest since June 2004 before settling at 5.309%.
Nictick #2026-0049307 characters
Nictick — educational context
Crypto moved up while the rate market moved against it. That gap is worth noting. Rising long-end yields raise the cost of holding non-yielding assets, and a relief bounce on an in-line headline can fade once positioning resets. The Fed decision arrives inside the next three sessions.