Fed inflation trap threatens Bitcoin below $80k as $100 oil blindsides Friday’s CPI report

Bitcoin trades below $80,000 on Sept. 8 as oil approached $100 a barrel following a fresh disruption to Saudi energy facilities. The new energy shock could complicate the inflation outlook even if Friday's US consumer-price report brings encouraging news.Bitcoin's price stood near $78,300 at press time, down 1.52% over 24 hours, although it remained up 20% over the past 30 days. Its monthly gains therefore remained intact as the latest energy disruption added uncertainty.Reuters reported that operations at some Saudi energy facilities halted Tuesday following attacks by Yemen's Houthi movement, citing Saudi authorities. Brent crude futures touched $99.46 a barrel before trading at $98.63 around press time. Spot Brent price touched $101 intraday before European trading began.For Bitcoin's recovery, the distinction is between inflation already measured and price pressure still developing. A softer August reading could ease interest-rate concerns without resolving the newer risk from oil.Friday's CPI looks backwardThe Bureau of Labor Statistics calendar schedules August's Consumer Price Index for Sept. 11 at 8:30 a.m. Eastern. It measures August prices, so it cannot reflect a disrupti...