Bitcoin dropped below $72,000 on Wednesday, following hotter-than-expected U.S. inflation data and rising Middle East tensions.

Notable Statistics:

Coinglass data shows 129,294 traders were liquidated in the past 24 hours for $406.32 million.

SoSoValue data shows net inflows of $199.4 million from spot Bitcoin ETFs on Tuesday. Spot Ethereum ETFs saw net inflows of $138.3 million.

In the past 24 hours, top gainers include River, Kaspa and Hyperliquid.

Notable Developments:

Trader Notes: Trader IncomeSharks said Bitcoin’s recent pullback follows a bullish SuperTrend flip, noting that such corrections are common as traders take profits. He added that even a move toward $65,000 would…

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