Bitcoin jumps above $62,000 after CPI report gives traders room to defend $60,000

Bitcoin rose above $62,000 after the latest US inflation report gave traders enough relief to step back from a deeper test of the $60,000 level. The move followed several days of pressure across crypto markets, where investors had been preparing for the possibility that a hotter inflation print would revive rate-hike concerns and push risk […] The post Bitcoin jumps above $62,000 after CPI report gives traders room to defend $60,000 appeared first on CryptoSlate.