Leading cryptocurrencies traded mostly flat on Monday, as efforts by bulls for an upside breakout stalled yet again. What Happened: Bitcoin hit $70,000 during trading hours but faced rejection soon after, dipping to the $69,500 zone. Similarly, Ethereum broke $3,700 briefly, only to relegate to $3,660. In the last 24 hours, 51,865 traders were liquidated, with the total liquidations coming in at $95 million. Long liquidations accounted for 78% of the total. Observations from Bitcoin’s liquidation heatmap showed significant leverage concentrations around $70,826 and $70,320, suggesting a high n…
