Crypto caught a modest bid on Thursday after Wednesday's inflation report showed underlying price pressures staying contained.

not specified

Who

Federal Reserve

What

When

Thu, 11 Jun 2026 05:45:57 GMT · 2h 31m ago

Where

not specified ·

Why

Core inflation, which strips out food and energy and is the gauge the Federal Reserve leans on, rose just 0.2% on the month, below the 0.3% forecast, and 2.9% over the year.

The Frontline Impact

How this affects you

Bitcoin saw a roughly 1.9% increase, reaching approximately $62,600, while other major cryptocurrencies like Ether, XRP, Solana, and Dogecoin experienced declines of 6% to 7.5% over the week.

Story chain

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Verified Sources & Citations

CoinDesk
https://www.coindesk.com/markets/2026/06/11/live-updates-soft-core-inflation-gave-crypto-a-bounce-but-only-bitcoin-held-up-on-the-week
HIGH

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