Cryptocurrencies crash: Traders lose $1.5 billion in bullish bets; Ether and Bitcoin tumble —check updates
Cryptocurrencies experienced a major downturn on Monday, with traders losing over $1.5 billion in bullish bets. This wave of liquidations was the largest since March 27, triggering a sharp selloff that sent Ether and other cryptocurrencies plunging.
The overall digital-asset market capitalisation fell below $4 trillion as a result of the selloff, according to data from CoinGecko.
