Bitcoin steadies as soft PCE cools October Fed rate hike bets

Crypto Insight Summary: Core PCE rose just 0.2% in August, easing pressure for an October Fed hike. Bitcoin trades near $83,700 as rising Treasury yields cap gains. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Soft PCE data reduces rate hike pressure, boosting BTC sentiment.