Bitcoin BTC/USD moved higher, with the cryptocurrency prices topping the key $62,000 level on Thursday.

Ethereum ETH/USD also recorded gains, trading above the key $3,400 mark this morning.

Bonk BONK/USD was the top gainer over the prior 24 hours, while Pepe PEPE/USD turned out to be the biggest loser.

Core PCE prices in the US rose by 0.4% from the prior month in January 2024, while core PCE prices increased by 2.8% from the earlier year, down from 2.9% in December.

At the time of writing, the global crypto market cap rose to $2.31trillion, recording a 24-hour gain of 3.5%. BTC was trading higher by 3.6% at $62,582 while ETH rose by around 3.6% to $3,471 on Thursday.
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