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

This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.