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Bitcoin holds near $77,000 as traders await key US inflation data impacting Fed rate decision.

Market News
10 Sep 2026
Proactive Investors
View Source
Neutral
Bitcoin holds near $77,000 as traders await key US inflation data impacting Fed rate decision.

Bitcoin traded around $77,000, slightly up but under pressure ahead of crucial US inflation data that could influence the Federal Reserve's upcoming interest rate decision. The broader crypto market also faced declines amid rising oil prices and higher US Treasury yields, which raised inflation concerns and reduced appetite for risky assets. Despite short-term weakness, institutional demand remains strong, with significant inflows into US spot Bitcoin ETFs. The market's next move depends on whether inflation data supports another Fed rate hike or allows Bitcoin to challenge $80,000 again.

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