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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

$84,206.68

-0.35%

$84,206.68

-0.35%

(24s)

24h Volume

$15,115,729,651.33

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.1%

Long: 58.1%Short: 41.9%

Funding Rate

+0.0002%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

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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