Indiatimes iconIndiatimesSep 5, 2026

Bitcoin trades at $79,000, next week’s US inflation data to test rate-cut hopes and crypto valuations

Bitcoin hovered near $79,000 as investors awaited US inflation data for clues on Federal Reserve policy. Softer inflation could revive rate-cut hopes, while hotter data may reinforce higher-for-longer expectations.

Bitcoin trades at $79,000, next week’s US inflation data to test rate-cut hopes and crypto valuations

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Bitcoin hovered near $79,000 as investors awaited US inflation data for clues on Federal Reserve policy.

Softer inflation could revive rate-cut hopes, while hotter data may reinforce higher-for-longer expectations.

Ethereum and major altcoins also declined, while institutional crypto demand strengthened through ETF inflows despite recent volatility and mixed macro signals.

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Bitcoin hovered near $79,000 as investors awaited US inflation data for clues on Federal Reserve policy. Softer inflation could revive rate-cut hopes, while hotter data may reinforce higher-for-longer expectations. Ethereum and major altcoins also declined, while institutional crypto demand strengthened through ETF inflows despite recent volatility and mixed macro signals.

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