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

September 5, 2026

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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Edelweiss MF’s Altiva Equity Long Short Fund to launch September 10, Radhika Gupta explains strategy

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