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via CryptoSlate · By CryptoSlate Editorial

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

BTC

BTC/USDT

$63,074.28

-0.08%

$63,074.28

-0.08%

(24s)

24h Volume

$2,493,029,403.05

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,133.03

▲ 0.07%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,397.36

Resistance 1$63,626.50

Price$63,133.03

Support 1$62,999.35

Support 2$62,275.00

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.6

CryptoSlate Editorial

(02:14 PM UTC)

1 min read

Updated byEmily Watson

0 comments

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 assets lower.

However, the report gave Bitcoin room to…

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CryptoSlate Editorial · CryptoSlate

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