Bitcoin climbs back toward $85,000 after cooler U.S. inflation data trims Fed rate-hike odds, though near-record bond yields and a stronger dollar cap the rally.

Sentiment 60/100 (Optimistic)

Bitcoin pushed back toward $85,000 this morning as traders digested a cooler-than-expected reading on the Federal Reserve's favorite inflation gauge, the core Personal Consumption Expenditures (PCE) index. 3% economists had forecast.