Bitcoin Faces Sept. 16 Fed Test as Core Inflation Slides From 4.76% to 3.05%
Bitcoin (BTC) rose above $80,000 after Fed Governor Christopher Waller noted cooling inflation, which may lead to unchanged interest rates in September. Core inflation fell from 4.76% in February to 3.05% in July, though annual PCE inflation remains above the Fed's 2% target. Markets are divided on a potential rate hike on Sept. 16, with the August CPI report being a key test for Bitcoin's price movement.




