Bitcoin Price Prediction: Soft Inflation Sent Bitcoin above $85K
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
Cryptonews
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Oct 1, 2026 at 7:03 AM UTC · 3 phút đọc
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bitcoin
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BTC+0.17%$83,398
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Ahmed Barakat
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Ahmed Barakat
Part of the Team Since
Mar 2024
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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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CryptoNews Editorial Team
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Sep 2018
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The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...
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Bitcoin just got an inflation-fueled push above the $85,000 price level after softer than our prediction PCE. BTC trades at $84,100, up 1.3% over 24 hours, after reaching $85,500 the inflation data. But will buyers reclaim the breakout zone while Treasury yields remain elevated?
August headline PCE inflation rose 3.4% year over year, while core PCE increased 3.0%; monthly core inflation came in at 0.2%, below the 0.3% forecast. The report lowered market expectations for an October Federal Reserve rate hike and briefly lifted appetite for risk assets.
Market Context
Bitcoin
BTC
$83,404
+0.17% (24H)
Market Cap
$1.68T
24H Volume
$28.1B
24H High
$85,604
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