Soft core inflation lifts bitcoin, altcoins lag

Bitcoin rose 1.9% to roughly $62,600 after core inflation came in below forecasts at 0.2% monthly. The bounce is shallow and concentrated in bitcoin, which is down less than 1% on the week. Ether fell 6.5%, XRP dropped 7.5%, and Solana lost 7.4%. Traders await the Fed's June 17 meeting.