Bitcoin rose 1.9% to approximately $62,600 following a softer-than-expected core inflation report, which showed a 0.2% monthly increase, below the 0.3% forecast. This modest crypto rally comes as headline inflation climbed 0.5% monthly and 4.2% annually, driven largely by a 3.9% rise in energy prices amid the Iran conflict. Despite the bounce, Bitcoin remains down less than 1% over the past week, outperforming other major cryptocurrencies. Ether fell 6.5% to around $1,651, XRP dropped 7.5% to $1.12, Solana decreased 7.4% to $65, and Dogecoin declined 7%. BNB fared slightly better with a 2.1% weekly loss. Traders are now focused on the Federal Reserve's upcoming meeting on June 17, where no rate changes are expected. Meanwhile, anticipation builds for SpaceX's public offering, set to price later today with a $1.8 trillion valuation.