Bitcoin faces pressure after hotter-than-expected inflation data: CNBC Crypto World

This week, crypto prices rise, but hotter than expected inflation data put a dent in recent gains. The SEC and CFTC issue guidelines on regulatory classification of crypto assets. And Bamazi of Mesh discusses running a crypto firm in the midst of current market volatility.Welcome to CNBC's Crypto World. I'm Mackenzie Sagallos. Major cryptocurrencies in the green from a week ago.As of noon Eastern, Bitcoin rose more than 1%, trading at that $70,000 level. Ether jumped more than 5% and XRP climbed more than 3 ...