Cryptocurrency markets opened Wednesday on a cautious note, trading slightly lower ahead of the latest U.S. Producer Price Index (PPI) data release.

CryptocurrencyTickerPriceBitcoinBTC/USD$112,219.37EthereumETH/USD$4,325.31SolanaSOL/USD$219.19XRPXRP/USD$2.96DogecoinDOGE/USD$0.2399Shiba InuSHIB/USD$0.00001289

Notable Statistics:

Coinglass data shows 136,438 traders were liquidated in the past 24 hours for $256.20 million.  

SoSoValue data shows net inflows of $23.05 million into spot Bitcoin ETFs on Tuesday. Spot Ethereum ET’Fs saw net inflows of $44.2 million.

Trader Notes: Ted Pillows said BTC has slipped back into bearish consolidation, weighed down by weak spot demand and retraced…

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