Bitcoin in $80,000s on Dec. 31; real yields ~1.90%, SRF $74.6 billion

Bitcoin traded in the $80,000s on Dec. 31 while markets priced Federal Reserve cuts. November CPI printed 2.7% YoY and core 2.6% YoY, but quality caveats limited repricing, according to Reuters. High 10-year TIPS real yields near 1.90%, record $74.6 billion SRF usage, and roughly $3.4 billion spot ETF outflows have kept price confined around $81,000–$93,000.