Leading cryptocurrencies made further advances Tuesday as investors hope to recoup losses after “Black Monday.” What Happened: Bitcoin bounced as high as $56,988 during trading hours, and price action remained choppy overnight. The world’s largest cryptocurrency traded 14.23% lower over the week. Ethereum too remained volatile during the day, oscillating between $2,430 and $2,550. The Altcoin King was down 23% over the week. In the past 24 hours, 54,989 traders were liquidated, with the total liquidations at $176.41 million. This comes after more than a billion dollars locked in speculative be…