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Bitcoin consolidated in early Asian trade. A hotter-than-expected U.S. CPI reading raised expectations for a Fed rate hike later this month, which may weigh on crypto risk appetite, XS.com's Antoni said.
Bitcoin consolidated in Asia and was last at $79,934.60. U.S. payrolls increased well above expectations in August, raising expectations of a Fed rate hike later this month, which can weigh on risk appetite.