Bitcoin recovers to $81,000 after US inflation reading
Bitcoin briefly dipped to $79,879 after a hotter-than-expected US inflation reading, but quickly rebounded to about $81,000.
The largest cryptocurrency traded a $1,400 range and ended the session up 0.3% over 24 hours.
Crypto funds saw $858 million in inflows last week, led by bitcoin products, indicating fading bearish bets.
BNB led gains among majors with a 2.5% increase to $677, while dogecoin added 1.3% to $0.1114.