Bitcoin Hovers Near $77,800 as Traders Eye US Data for Volatility Spike

Bitcoin trades near $77,800 with the crypto market cap down 0.5% to $2.59 trillion, as investors stay cautious ahead of major U.S. events including the Fed rate decision, PCE inflation, jobless claims, and ISM PMI. The story kicked off previewing a volatile week with the third FOMC meeting, Q1 GDP, PCE data, and FAAMG earnings impacting risk assets. Recent spot BTC ETF inflows hit $2.43 billion over 8 days in April, while jobless claims rose to 214,000; hotter data could pressure BTC, but softer prints may spark rate-cut hopes and sharp swings.