Bitcoin is holding support in the so-called 'golden zone,' while the S&P 500 index is moving in its narrowest range over the described period. Both markets are awaiting Friday's inflation report.

The data release will occur before the Federal Reserve's interest rate decision on 16 September. An oil shock has renewed expectations of a rate hike, according to the Decrypt article headline.

For markets, this means heightened focus on the upcoming inflation report: it could serve as the next observable signal before the meeting. However, the source does not provide numerical values, price dynamics, or details on market participant reactions.