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