BTC price: Bitcoin's soft-inflation pop to $85,500 fades as bond yields refuse to fall

Bitcoin’s move to roughly $85,500 after softer inflation data faded as Treasury yields remained elevated, limiting expectations for near-term monetary easing. The price action indicates that macroeconomic conditions—particularly bond-market pricing of interest rates—continue to outweigh the initial positive inflation signal for BTC. Bitcoin therefore remains vulnerable to further yield strength and reduced risk appetite despite moderating inflation pressures.