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Crypto

Bitcoin Trades Flat Amid Rising US Inflation

Guavy AI Editorial Team
Instruments
BTC
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The price of Bitcoin (BTC) is trading flat at $77,299 after the US reported a 0.4% increase in August 2026 inflation.

This rise in inflation has heightened scrutiny on the Federal Reserve's policy outlook and monetary conditions, which can negatively impact demand for riskier assets like Bitcoin.

BTC/USD is currently trading below its short- and medium-term moving averages but above its long-term average.

Traders are advised to remain cautious as the probability of a downside move is elevated, with a projected price range of $74,483 to $79,261.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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