The August U.S. consumer price index (CPI) will test whether Bitcoin can move above $80,000 as investors assess the outlook for Federal Reserve policy and digital-asset prices. Market forecasts call for headline CPI to rise 3.4% annually and 0.4% monthly, while core CPI, which excludes food and energy, is expected to increase 0.2% from July. A softer reading could reduce rate-hike concerns, pressure Treasury yields and the dollar, and support Bitcoin, Ether and Solana. A hotter result, particularly in core inflation, could prompt profit-taking and increase volatility, especially if leveraged long positions are liquidated.