Leading cryptocurrencies made a sharp U-turn Monday, mirroring the pullback in stocks, as the 'Uptober' rally takes a halt.
| Cryptocurrency | Gains +/- | Price (Recorded at 8:45 p.m. EDT) |
| Bitcoin (CRYPTO: BTC) | -3.28% | $66,950.69 |
| Ethereum (CRYPTO: ETH) | -4.26% | $2,631.99 |
| Dogecoin (CRYPTO: DOGE) | -2.13% | $0.1421 |
What Happened:Bitcoinwent downhill throughout the day, dipping to an intraday low of $66,580. The retracement occurred just one day after the leading cryptocurrency surpassed $69,000 for the first time since early June.
Ethereumsaw a steeper decline, falling back into the $2,600 zone. On Sunday, the second-largest cryptocurrency hit its highest level since the first week of August.
Total cryptocurrency liquidations surged to $204 million in the last 24 hours, with over $174 million longs being wiped out.
Bitcoin's Open Interest dropped...
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