Leading cryptocurrencies rallied handsomely Monday, coinciding with fresh highs scaled by stocks. What Happened: Bitcoin jumped above $65,000 during morning trading hours and rose to $66,434 late evening, the highest it has been since July 30. Ethereum also rose to a two-week high of $2,630, representing a nearly 7% jump in the last 24 hours. Digital asset trading firm QCP Capital highlighted historical similarities with Bitcoin’s upward price action preceding the U.S. elections. More than $245 million was liquidated from leveraged positions in the last 24 hours, with downside bets worth $209 …
