Bitcoin steadies as soft PCE cools October Fed rate hike bets
Core PCE rose just 0.2% in August, easing pressure for an October Fed hike. Bitcoin trades near $83,700 as rising Treasury yields cap gains.
Jason Shubnell
Publisher The Block
Sep 30, 2026 at 4:10 PM UTC · 1 min read
Entities
bitcoin
Last Updated
an hour ago
Core PCE rose just 0.2% in August, easing pressure for an October Fed hike. Bitcoin trades near $83,700 as rising Treasury yields cap gains.
Sourced by
Originally reported by The Block
NewsLayer coverage based on externally reported material.
The Daily Brief
The onchain economy, before your day starts.
Curated markets, onchain insights, and key headlines — delivered every weekday morning.
Weekdays · Free · ~5 minute read
0
Applause
Was this article helpful?
Market Context
Bitcoin
BTC
$83,916
+0.37% (24H)
Market Cap
$1.69T
24H Volume
$26.7B
24H High
$85,604
Article Intelligence
Key Entities
Topics
Related Coverage
CryptoDoes the Fed's inflation gauge matter for bitcoin?2 hours ago · 1 min read
CryptoDutch Government To Introduce Capital Gains Tax From 20282 hours ago · 1 min read
CryptoTim Draper says Africa can leapfrog the world with Bitcoin2 hours ago · 3 min readSponsored
Ad
NewsLayer Premium
Unlock deeper intelligence.
Ad-free reading, exclusive research, and real-time onchain insights.
Go Premium
