Bitcoin Nears $80,000 After CPI, but High Bond Yields Keep the Pressure On

By Isaac • September 11, 2026 3:09 pm •

Bitcoin pushed back toward $80,000 on Friday, but the rebound did not erase the pressure building in the bond market.

The immediate price action looked encouraging. Bitcoin climbed as high as $79,837 and traded near $79,000 after initially dipping toward $76,040 following the latest inflation report.

Ethereum and Solana also moved higher, giving the broader crypto market a much-needed lift.

But this was not a clean risk-on signal. The details beneath the rally still show a market caught between resilient crypto demand and a stubbornly expensive cost of money.

Decrypt reported that the Consumer Price Index rose 3.4% from a year earlier and 0.4% from July, matching consensus forecasts. Core inflation cooled to 2.4% annually, its