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Bitcoin struggles below $80K ahead of key US economic data and Fed meeting this month.

Market News
08 Sep 2026
Bitcoin
View Source
Neutral
Bitcoin struggles below $80K ahead of key US economic data and Fed meeting this month.

Bitcoin traded near $79,100, unable to sustain above $80,000, as investors await three critical US events: weekly jobless claims on Sept. 10, August's inflation data on Sept. 11, and the Federal Reserve's rate decision on Sept. 15-16. The market's expectation of a possible rate hike has increased, impacting Bitcoin's price momentum. Despite price stagnation, institutional demand remains strong, with spot Bitcoin ETFs holding over $101 billion in assets. Technical resistance at $81,000-$82,000 remains a key barrier, with a break above potentially pushing prices toward $85,000. The upcoming economic reports and Fed decision are likely to determine Bitcoin's next major price move.

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