Bitcoin's value is currently below $80,000. This comes as fears of a rate hike by the Fed are building. The situation is being closely watched ahead of the release of US inflation data.

Further details about the current state of Bitcoin and the factors influencing its value are available from bloomingbit. The source provides information on the relationship between Bitcoin's value and the upcoming US inflation data.

The release of the US inflation data is anticipated to have an impact on Bitcoin's value, but the exact outcome is not yet known. For more information, readers can refer to bloomingbit.