Leading cryptocurrencies rallied sharply Monday, mirroring the stock market’s upward trend. What Happened: Bitcoin wobbled in the $58,000 zone till noon before gaining positive momentum that propelled it to $60,000 late evening. The apex cryptocurrency was still down 8% since the month began. Ethereum saw a similar rally after the traditional market closed, rising to $2,660. The total liquidations crossed $100 million in the last 24 hours, with bearish traders incurring higher losses. Bitcoin’s Open Interest rose nearly 4% in the 24 hours, indicating an influx of new money into the derivatives…
