Skip to main content
TradingNews

Market news

Bitcoin Tests $80K Resistance as Hot U.S. CPI Fuels Fed Rate Hike Bets

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Cryptocurrencies climbed following the August CPI report, though Bitcoin stalled near $78,800 due to technical resistance below $80,000.
  • Meanwhile, hotter-than-expected core inflation pushed market expectations for an upcoming Federal Reserve rate hike to nearly 90%, lifting Treasury yields and strengthening the U.S.
  • dollar.
Explore BTCUSD price history & advisor snapshot

These are separate market snapshots and may predate this story. Check the data period, generation time and expiry before using them in your research.

Stored market data

BTCUSD price history

77274.98 +14.56% over the displayed period

Advisor Snapshot

Unlock Member-Only Insights

Reserved for TradingNews24 members. Log in or create a free account to access market signals and exclusive tools.

Open BTCUSD advisor →
Browse September 2026 news → ← Back to market news

Market analysis for educational use. Trading involves risk. AI sentiment is not financial advice.

Methodology · Risk disclosure