The dollar was steady in early trading on Tuesday, with the yen inching away from one-month highs as investors brace for U.S. inflation data and reassess expectations of a large interest rate cut from the Federal Reserve starting next week.

Lookonchain reports that there has been a big increase in Bitcoin (BTC) following a major drop in the market last week. Starting on Sept. 1, three big players in the crypto space collectively amassed a whopping 2,814 BTC, which is equivalent to $157.3 million.

Oil was steady in early trade on Tuesday as investors weighed supply disruptions from Tropical Storm Francine and the potential for further output cuts against persistently weak Chinese demand.

U.S. stock index futures were range bound in evening deals on Monday after Wall Street rebounded from last week’s losses, with focus turning to upcoming inflation data for more cues on interest rates. 

The U.S. Commerce Department said Monday it is proposing to require detailed reporting requirements for advanced artificial intelligence developers and cloud computing providers to ensure the technologies are safe and can withstand cyberattacks.

The upcoming U.S. election could have significant implications for Bitcoin, to Bernstein analysts, who labeled Bitcoin as a "Trump trade" in a note to clients on Monday.