Cryptocurrency Price on May 14: Bitcoin rises above $62.4k; Solana, Shiba Inu jump up to 7%

Cryptocurrency tokens saw a surge in Tuesday's trading, driven by anticipation surrounding the release of U.S. CPI data, which could influence interest rates. Investors are closely monitoring Wednesday's actual U.S. CPI figures to gauge if first-quarter upside surprises were anomalies or indicative of a concerning trend.