The latest US inflation report saw Bitcoin dip temporarily to around $76,000 before recovering and trading above $77,100.
According to the Consumer Price Index (CPI), inflation in the US remained at 3.4% year-on-year, with a monthly increase of 0.4% in August, higher than July's 0.1% rise.
The core inflation measure, which excludes food and energy costs, rose 0.3%, but most economists had anticipated a slimmer 0.2% increase.
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