Bitcoin remained largely unmoved despite equity markets posting gains after another U.S inflation print was in line with expectations.

The largest digital asset by market cap's price has increased a muted 0.7% in the past 24 hours and was changing hands for $68,738 at 9:26 a.m. ET, according to The Block’s Price Page. Similarly, the GM30 Index, representing a selection of the top 30 cryptocurrencies, increased by 0.55% to 144.92 in the past day.

On Friday the U.S. Bureau of Economic Analysis reported that inflation in the country, as measured by the change in the Personal Consumption Expenditures (PCE) Price Index, held steady at 2.7% on a yearly basis in April.

Stock futures climbed after the latest PCE inflation report, which was in line with economists' expectations. Dow Jones …