After an early plunge, Bitcoin (CRYPTO: BTC) staged a comeback while crypto liquidations shrank rapidly, although analysts see continued uncertainty over the market’s next move. What Happened: Data from Coinglass showed total liquidations collapsed to just $175 million over the last 24 hours, a far cry short from the $652 million over 24 hours on Jan. 3. Bitcoin has accounted for $52 million of that total, while Ethereum (CRYPTO: ETH) bets worth $19 million were liquidated. Among altcoins, Solana (CRYPTO: SOL) has seen just over $10 million wiped out over the last 24 hours. Why Does It Matter:…

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