Bitcoin fell 0.60% over 24 hours to $78,507 as of 8:10 a.m. on the 9th, according to CoinMarketCap, a virtual asset market monitoring site. The price remained 1.63% above its level a week earlier after surpassing $80,000 last week, although it has since shown renewed weakness while fluctuating around the $80,000 mark and hovering near $70,000. Ethereum, the second-largest cryptocurrency by market capitalization, rose 0.07% to $2,486, while XRP gained 1.94% to $1.41. Market attention is turning to the U.S. CPI (inflation gauge), due on the 11th, and the FOMC (Federal Reserve rate-setting committee) meeting scheduled for the 15th to 16th. Stronger-than-expected U.S. employment indicators have revived concerns about interest-rate increases, leaving the direction of risk assets including Bitcoin dependent on the CPI outcome.