Bitcoin was trading around $78,451 despite Brent crude rising above $100 and the US 10-year Treasury yield approaching 4.81%, as markets assessed renewed inflation and tighter Federal Reserve policy risks. Markets priced a 60.4% probability of a quarter-point Fed increase at next week’s meeting, while Talos said Bitcoin’s 90-day correlation with gold reached 0.56, its highest since 2020. The latest macro test follows a 2.32% Bitcoin decline after the Sept. 4 payrolls report, when 162,000 jobs were added against expectations of 56,000. A core CPI release on Sept. 11 could deliver a larger market reaction, particularly because leverage has rebuilt and positions are tilted long.