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Bitcoin holds steady near $76,500 amid cautious trading ahead of key U.S. inflation data

Market News
26 May 2026
Coindesk
View Source
Neutral
pluang ai news

Bitcoin is trading in a narrow range around $76,500 with muted market activity as traders await the upcoming U.S. Personal Consumption Expenditures inflation report, a key factor for institutional demand. Despite recent macroeconomic shocks, bitcoin's price has shown resilience or possible exhaustion, with balanced buying and selling pressure but no significant moves. Institutional interest has cooled after strong ETF inflows in April, and the market is waiting for fresh catalysts to drive price changes. The inflation report next week could influence U.S. interest rate expectations and either boost or pressure bitcoin's price depending on the data outcome.

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