Crypto news report · source clearly identified
Bitcoin Slides to $77,000 as Inflation Data Looms, Zcash Drops 10% in One Day
Bitcoin fell 5% over the week to around $77,000 ahead of the August CPI release, while Zcash plunged 10% in a single session.
Bitcoin slipped to roughly $77,000, marking a 5% decline over the past week as markets brace for the upcoming August consumer price index (CPI) report. Analysts note that expectations of a rate hike remain high, with odds near 70%.
Market Reaction to Inflation Outlook
All major cryptocurrencies are trading in the red ahead of the inflation print, reflecting heightened uncertainty among investors.
Bitcoin Performance
- Current price: about $77,000
- Weekly change: down 5%
- Market sentiment influenced by CPI expectations
Zcash Decline
- Daily change: down 10%
- Movement mirrors broader market weakness
Source & attribution
News Source
- Publisher
- CoinDesk
- Original date
- September 11, 2026, 11:04 AM
- Original headline
- Live updates: Bitcoin sinks to $77,000 as CPI lands with hike odds near 70%