Bitcoin Holds Firm Near $80K Amid Fed Rate Jitters and CPI Anticipation

Bitcoin (BTC) held steady near $79,174 on September 7, 2026, down 0.9% over the past 24 hours amidst renewed fears of Federal Reserve rate hikes and anticipation of U.S. Consumer Price Index (CPI) data scheduled for September 11.

The broader crypto market capitalization hovered between $2.70 trillion and $2.71 trillion, reflecting mixed sentiment as major tokens struggled to gain momentum.

Bitcoin's ability to hold near the psychologically significant $80,000 level continues to attract attention, with a market share of around 59% indicating that capital remains concentrated in BTC rather than rotating into altcoins.