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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.

JS
Jason Shubnell
Wire content from The Block

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.

This article originally appeared on The Block. Read the full article at the source: https://www.theblock.co/news/markets/2026-09-30-bitcoin-pce-inflation-october-rate-hike-417335

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