US manufacturers reported more widespread input-price increases in September, with the Institute for Supply Management’s (ISM) manufacturing prices index rising 6.8 points to 77.9 from August’s 71.1. The manufacturing PMI registered 54.5, new orders 55.3, and employment 52.7, indicating resilient activity. This combination of robust activity and widening cost pressures could complicate the case for lower interest rates, potentially making financed risk-taking less attractive and increasing the demand for interest-bearing dollar assets, thereby threatening Bitcoin's rally above $85,000.