Live updates: Bitcoin flat near $78,500 ahead of inflation data, Nvidia earnings

Bitcoin traded flat near $78,500 as markets awaited U.S. inflation data and Nvidia earnings, with investors showing caution ahead of these macro and tech catalysts. The muted price action indicates traders are positioning for potential volatility rather than making directional bets. Nvidia results and the inflation print could amplify correlations between Bitcoin and risk assets, triggering rapid moves if outcomes surprise. Short-term implication: Bitcoin is likely to remain rangebound until the data and earnings clear, but with heightened risk of intraday spikes.