Bitcoin has rallied to near $80,000. This move follows the release of the August CPI, which indicates that inflation has remained steady. As a result, the odds of a Fed rate hike have increased.

Further information on this development is available from Pluang. The source provides details on the recent movement in Bitcoin's value and its connection to the August CPI and potential Fed actions.

Details on the implications of these events can be found through Pluang, offering insight into the current state of Bitcoin and related economic factors.