Bitcoin fell below $78,000 after encountering resistance at $80,000, as investors awaited and then assessed August U.S. producer-price data for clues on Federal Reserve policy. The headline Producer Price Index rose 0.4% monthly, matching forecasts, while the annual rate reached 5.4%, above the 5.3% estimate and up from 4.7% previously. Core PPI increased 0.2% monthly, below expectations, while its annual rate held at the 4.6% forecast. Fed WatchTool data put the probability of a September rate hike at 62.2%. Bitcoin had traded at $77,719 earlier as macroeconomic data, resistance around $83,000-$86,000 and mixed U.S. spot Bitcoin ETF flows remained central market considerations. President Donald Trump's proposed $5,000 dividend checks had drawn attention, but inflation data and monetary-policy expectations continued to dominate near-term crypto trading.