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Bitcoin trades near $79,500 ahead of key U.S. inflation data and Fed meeting this week

Market News
07 Sep 2026
Crypto news
View Source
Neutral
Bitcoin trades near $79,500 ahead of key U.S. inflation data and Fed meeting this week

Bitcoin hovered around $79,500 on September 7 as investors awaited crucial U.S. inflation reports and a Treasury auction before the Federal Reserve's policy meeting on September 15-16. Strong August employment data raised expectations for a Fed rate hike, pushing traders to assign about a 58% chance of an increase. Upcoming Producer Price Index (PPI) and Consumer Price Index (CPI) reports will be closely watched for inflation trends that could influence the Fed's decision. Additionally, the Treasury's 10-year note auction will test demand and impact longer-term yields, factors that also affect Bitcoin's price movements.

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RBC raises price targets for B&M and Currys as fashion retailers cut homewares prices

RBC raises price targets for B&M and Currys as fashion retailers cut homewares prices

RBC Capital Markets has increased its price targets for B&M European Value Retail and Currys, citing more competitive homewares pricing from international fashion retailers like Zara and H&M. B&M's price target rose to 275p from 240p due to improved ...

Market News
Bullish
4 hours ago
New wallet deposits $700K and takes 6x leveraged long on $PUMP token on Hyperliquid platform

New wallet deposits $700K and takes 6x leveraged long on $PUMP token on Hyperliquid platform

A new wallet on the decentralized Hyperliquid platform deposited $700,000 and opened a 6x leveraged long position on 1.02 billion $PUMP tokens worth about $4.7 million. This aggressive move exceeds the usual 3x leverage limit and signals strong specu...

Technical Signals
Bullish
4 hours ago
Japan's new crypto law boosts Shiba Inu's exchange presence but no SHIB ETF approved yet

Japan's new crypto law boosts Shiba Inu's exchange presence but no SHIB ETF approved yet

Japan passed new crypto regulations in July 2026 that bring digital assets under financial product rules, improving Shiba Inu's trading status. SHIB is included on Japan's JVCEA Green List, handled by nine exchanges, and recently gained retail access...

Market News
Neutral
4 hours ago
Petco Health Q2 revenue flat at $1.49B; financial risks persist despite tariff refunds and steady guidance

Petco Health Q2 revenue flat at $1.49B; financial risks persist despite tariff refunds and steady guidance

Petco Health reported flat revenue of $1.49 billion in Q2, with operational improvements mainly due to one-off tariff refunds rather than growth in its core business. The company's financial position remains strained, carrying $1.46 billion in long-t...

Company Fundamentals
Neutral
4 hours ago
Altcoin futures open interest surpasses Bitcoin for first time since 2024, led by Zcash surge.

Altcoin futures open interest surpasses Bitcoin for first time since 2024, led by Zcash surge.

Open interest in altcoin perpetual futures exceeded Bitcoin's on September 6, 2026, marking the first time since December 2024. This shift is driven by strong gains in mid-cap altcoins like Zcash, whose open interest hit a record $2.4 billion as its ...

Market News
Neutral
4 hours ago
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