Although the U.S. Consumer Price Index came in below market expectations and ETF inflows resumed, geopolitical tensions surrounding the Strait of Hormuz dampened investor risk appetite, keeping Bitcoin below $64,000. Bitcoin dominance rose to 59.1%, a one-month high, indicating that BTC continues to show relative strength against altcoins. According to CoinGlass liquidation data, a potential long liquidation cluster of $2.04 billion is concentrated around $62,000, while a large potential short liquidation zone has formed near $65,600, suggesting traders may be anticipating a consolidation around these price levels.