Bitcoin rises toward $80,000 after US CPI-linked yields
Bitcoin returned to about $79,000 and jumped about 3% as CPI data broadly conformed to expectations and bond yields rose.
Bitcoin (BTC) returned to $79,000 on Friday after key US inflation data broadly conformed to expectations. Data from TradingView showed renewed BTC price volatility after the August release of the Consumer Price Index (CPI)… Key points: Bitcoin jumps 3% as "nervous" market digests CPI numbers.