{"id":78881,"date":"2026-09-30T18:12:32","date_gmt":"2026-09-30T18:12:32","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-gives-up-gains-after-short-lived-pump-to-85-5k\/"},"modified":"2026-09-30T18:12:32","modified_gmt":"2026-09-30T18:12:32","slug":"bitcoin-price-gives-up-gains-after-short-lived-pump-to-85-5k","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-gives-up-gains-after-short-lived-pump-to-85-5k\/","title":{"rendered":"Bitcoin Price Gives Up Gains After Short-Lived Pump to $85.5K"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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<\/svg>Key Takeaways<\/span><\/h2>\n
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  • Bitcoin shot above $85,500 on Wednesday following lower-than-expected August PCE inflation data.<\/span><\/li>\n
  • Intraday volatility led to $55 million in short bets being liquidated within four hours.<\/span><\/li>\n
  • Analysts and chartists like Ted Pillows project a potential pull-back into the high $70,000s before a rally.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

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    PCE Data Triggers Intraday Volatility<\/h2>\n

    Bitcoin\u2019s price briefly spiked to $85,500 on Wednesday before a sell-off nearly erased the gains, leaving the cryptocurrency marginally higher just hours before September comes to a close. The rally appeared to have been sparked by the release of U.S. inflation data, which showed slower-than-expected price increases in August.<\/p>\n