Bitcoin, Ethereum, Dogecoin Drop Amid $116M Liquidations: Analyst Says King Crypto To Surge Over 30% In Two Days After This Catalyst Is Triggered
Published by
Benzinga
Benzinga
The cryptocurrency market experienced a minor downturn on Tuesday, resulting in the liquidation of 51,441 future crypto traders and a total liquidation value of $116.07 million within the past 24 hours. What Happened: Notably, long positions in Ethereum saw liquidations worth $21 million, while BTC longs saw over $20 million in liquidations. In other news, bankrupt crypto lender Genesis successfully won a bid to block parent company Digital Currency Group (DCG) from selling or reducing its ownership of the company during Chapter 11 proceeding. Top Gainer (24 Hour) The global crypto market cap …