Bitcoin (BTC) Price: Rally to $85,500 Fades as Bond Yields Stay Near 2002 Highs

Bitcoin hit $85,500 after a cooler U.S. inflation report, then fell back to $83,700. Treasury yields stayed near 2002 highs, limiting the rally. Whale wallets holding 10-10K BTC added 41,025 BTC in 10 days, per Santiment. Analyst Ted Pillows flagged a possible drop into the high $70,000s.