Bitcoin Slumps to $78,000 as Investors Await US Inflation Data

Key Facts

1Bitcoin (BTC) retreated to the $78,000 level as investors await the first set of US inflation data.

2Altcoins including PONS, LIT, and DASH experienced sharp daily losses amid a broader market downturn.

Amid heightened anticipation for US inflation data that could dictate the Federal Reserve's policy path, Bitcoin (BTC) has retreated to the $78,000 level. According to reports, this movement reflects investors' desire to de-risk ahead of the release of critical economic figures. The broader market experienced a downturn as altcoins including PONS, LIT, and DASH posted sharp daily losses.

These selling pressures occur alongside significant liquidations totaling $264 million, highlighting the prevailing caution within the digital asset sector. Per market data from early September 2026, ISM Non-Manufacturing Prices reached 72.6, reinforcing the focus on price pressures that Federal Reserve Chair Kevin Warsh and policymakers are closely monitoring.

Looking ahead, traders are monitoring current support levels for major cryptocurrencies, though authoritative closing prices for September 10, 2026, remain unavailable. Following the recent Non-Farm Payrolls report of 162k, the market remains sensitive to any new inflation signals that could impact global risk appetite.