Bitcoin climbed back above $64,000 after softer U.S. inflation boosted risk appetite and reduced expectations of prolonged Federal Reserve tightening. Analysts say improving technical signals, including a rare bullish MACD crossover, suggest bearish momentum may be fading.

Bitcoin climbed back above $64,000 after softer U.S. inflation boosted risk appetite and reduced expectations of prolonged Federal Reserve tightening. Analysts say improving…

Leading cryptocurrencies rallied alongside stocks on Tuesday following cooler-than-expected inflation numbers, despite elevated geopolitical tensions remaining in place.