Bitcoin rose to about $85,500 after August US PCE inflation came in cooler than market forecasts, then traded near $84,100 as elevated Treasury yields limited the rate-sensitive rebound. Core PCE inflation increased 0.2% month on month and 3.0% year on year, below a 0.3% monthly forecast, while headline PCE rose 3.4% annually. The data reduced expectations for an October Federal Reserve rate increase, but the 10-year Treasury yield remained near 5.3% and the 30-year yield stayed near its highest level since 2002. Bitcoin remained below a $84,800-$85,800 resistance band, with traders watching support at $82,500-$83,000 and the October 28 Fed decision. Bitcoin Hyper, a project describing itself as a Bitcoin Layer 2 using the Solana Virtual Machine, reported a $0.013687 presale price and $33.1 million raised.