Bitcoin Holds $77K as US Inflation Accelerates, Fed Hike Looms

Bitcoin trades flat near $77,000 despite US CPI acceleration in August, which keeps a Fed rate hike on the table for next week. Institutional demand weakened, with spot bitcoin ETFs seeing ~$500M net outflows this week. The market appears to be pricing in the inflation data without significant volatility, suggesting a wait-and-see stance ahead of the Fed decision.