Leading cryptocurrencies continued their range-bound price action Monday following a brief spike. What Happened: Bitcoin broke through $70,000 temporarily during the day, before retracing to the $68,000-$69,000 zone. The world’s second-largest cryptocurrency has traded sideways since hitting its all-time high in March. Similarly, Ethereum met a wave of selling pressure at $3,840, causing it to dip back to $3,700. In the past 24 hours, 59,744 traders were liquidated, with the total liquidations coming in at $127.79 million. Nearly 60% were long liquidations. Due to Bitcoin’s upward moves, specu…
