Bitcoin briefly rose above $79 000, and US stocks turned positive following the release of US inflation data. The CPI figure matched market expectations.

The Cointelegraph headline also notes a new high in US bond yields in 22 years. The available material does not contain details on yield dynamics or the duration of Bitcoin's rise.

For the market, this serves as an example of the rapid reaction of crypto assets and stocks to macroeconomic statistics. However, the available data is insufficient to speak of a sustained shift in sentiment or the direction of future movement.