Digital currencies have shown significant gains, with the leading cryptocurrency surging past the $63,500 mark.

The price increase for the primary digital asset follows the release of U.S. inflation figures that came in softer than market projections.

Bitcoin has risen to $63,567.3, marking a gain of 1.53% over the preceding 24-hour period.

Similarly, Ethereum has moved higher to $1,829.98, achieving a 3.36% increase within the same timeframe.