Leading cryptocurrencies edged lower Wednesday, as the speculative market continued to move in tandem with US stocks. What Happened: Bitcoin trended downward as markets opened for trading, and dropped as low as $54,480 by late evening. The leading currency exhibited signs of recovery overnight, bouncing above $55,000. Ethereum also went progressively downward during the day, hitting a low of $2,324 before rebounding overnight. Liquidations increased slightly in the last 24 hours, with upwards of $215 million in derivatives bets getting wiped out. Ethereum led the chart with nearly $66 million …
