Bitcoin briefly moved above $79,000 after the latest US consumer price index data came in broadly as expected, according to Cointelegraph. The cryptocurrency’s rebound pushed it toward the $80,000 level, while US stocks also turned positive during the session. The market move came as bond yields reached a new 22-year high. The CPI release was closely watched for its potential effect on broader market sentiment, with Bitcoin and equities both showing gains after the data. Bitcoin’s move remained brief above $79,000 in the reported trading action, leaving the cryptocurrency just below the $80,000 mark highlighted in the report. The update was published on September 11, 2026.
Source
Cointelegraph
Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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