{
  "id": 6778243,
  "title": "Bitcoin spikes toward $80K as US CPI data delivers new 22-year high in bond yields",
  "url": "https://urgent.news/2026/09/11/bitcoin-spikes-toward-80k-as-us-cpi-data-delivers-new-22-year-high-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T16:03:37.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/markets/bitcoin-spikes-toward-80k-as-us-cpi-data-delivers-new-22-year-high-in-bond-yields"
  },
  "original_language": "en",
  "account": "Bitcoin briefly surpassed $79,000 and US stocks turned positive as US CPI inflation data met expectations. The Consumer Price Index (CPI) came in at 3.4% year-on-year. Bitcoin's price volatility increased after the CPI release. The S&P 500 and Nasdaq Composite both gained around 1%. US bond yields showed increased volatility, with the 30-year yield reaching its highest level since June 2004 before falling to 5.309%. This was attributed to the impact of the expanding US-Iran war and crude oil prices approaching $100 per barrel. Traders increased their bets on a 0.25% Federal Reserve rate hike at their September meeting. The odds of this occurring reached 85% on Friday. The Federal Reserve's split opinions on the correct policy path were highlighted, with Governor Christopher Waller expressing skepticism over the effectiveness of another 25 basis points rate hike. QCP Capital stated that Bitcoin bulls had limited expectations due to high bond yields, despite BTC/USD surging 25% in August following US Treasury debt buyback interventions.",
  "summary": "Bitcoin briefly rebounded past $79,000 and US stocks turned green as US CPI inflation data met expectations.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}