Leading cryptocurrencies extended last week’s declines on Monday, as pessimistic projections on interest rate cuts kept the market under pressure. What Happened: Bitcoin, slipped to the $65,000 zone, erasing gains from its advances to $71,000 earlier in the month. The second-largest cryptocurrency, Ethereum, cracked harder as the date for its spot ETF approvals was moved up to July 2. The decline triggered liquidations of $348 million in the last 24 hours, with as many as 152,040 traders getting liquidated. Long liquidations alone accounted for $300 million. The slump also poured cold water on…
