Bitcoin Price Reclaims $74K After CPI Sell-Off Sparks Volatility
Bitcoin fell to $72,787 after hotter-than-expected U.S. inflation data, then rebounded above $74,600. The choppy range caused modest leverage damage, with bitcoin liquidations at $51 million of $199 million market-wide. Traders care because the CPI print failed to break BTC's range and derivatives positioning is cooling rather than capitulating.