The cryptocurrency market slid further Tuesday as market sentiment remained weak amid regulatory potshots taken at cryptocurrency entities. What Happened: Bitcoin, the market bellwether, sank to $62,000, following a 1.63% drop in the last 24 hours. The price drop eroded more than $167 million worth of active positions from the market in the last 24 hours, with long liquidations amounting to 77% of the total. The second-largest cryptocurrency, Ethereum, which shed 2.15% in the 24 hours, saw $43.48 million in liquidations, followed by Bitcoin with $40.80 million in its positions getting recked. …
