Global markets staged a strong performance after the CPI "shoe dropped," Bitcoin rebounded from its lows to $78,000, and U.S. stock index futures maintained their gains.

BlockBeats news, September 11 - Although US August CPI accelerated, the market raised interest rate hike expectations, anticipating about a 90% probability of a Fed rate hike next week, while fully expecting two Fed rate hikes by the end of the year. However, after the "boots hit the ground," global markets still performed strongly.

In the crypto market, according to HTX market information, Bitcoin briefly spiked down to $76,046, and has now rebounded to $78,000. Ethereum broke through $2,500.

In the US stock market, according to BIT(bit.com) market data, pre-market Dow futures rose 0.8%, Nasdaq futures rose 0.82%, and S&P 500 futures rose 0.73%.

According to Bitget market data, spot gold rebounded more than $70 from its post-CPI low, breaking above $4,360 per ounce, after previously falling to around $4,290 per ounce.