A softer-than-feared US Consumer Price Index reading eased rate-hike anxieties, giving Bitcoin bulls the macro cover needed to stage a recovery above $62,000. Prior to the report, crypto markets had spent several days under sustained selling pressure, with traders bracing for a hot inflation print that could have renewed Federal Reserve tightening expectations and pushed Bitcoin through the critical $60,000 support level. The CPI data instead provided enough relief to halt that slide, triggering a swift rebound. The $60,000 zone had been closely watched as a key technical and psychological threshold; holding it preserves near-term bullish structure. The move underscores how sensitive crypto assets remain to US macroeconomic data, particularly inflation figures that directly influence Federal Reserve policy expectations and broader risk appetite.
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