Bitcoin slips toward $77.5K after September Fed hike odds hit 85%

  • Bitcoin held near $78.7K Friday before slipping toward $77.5K Saturday.
  • September Fed hike odds rose to 85%.
  • Annual core CPI eased while monthly core inflation accelerated.

Bitcoin held near $78.7K on Friday as the odds of a September Federal Reserve rate hike rose to 85%, before slipping toward $77.5K on Saturday. Core CPI (consumer inflation excluding food and energy) eased annually, but monthly core inflation accelerated. The August report also failed to reflect September's sharper rise in oil prices.

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