BTC and XAU Gain as US CPI Holds Steady in August

Bitcoin (BTC) is gaining momentum after the release of US inflation data, which showed that Consumer Price Index (CPI) remained unchanged at 3.4% in August.

The largest cryptocurrency by market capitalization tested support near $76,000 earlier in the day as investors faced macroeconomic uncertainty ahead of the Federal Reserve's monetary policy decision.

Meanwhile, Gold has climbed to $4,367, with bulls eyeing a short-term breakout above $4,400.