Major cryptocurrencies experienced a strong rally on Monday,bouncing back from recent losses. The apex cryptocurrency Bitcoin surged above its 2021 peak once again. What Happened: Bitcoin’s value rose above $70,000 on Monday marking the first time in 10 days and showing a gain of over 6% in the past 24 hours. In the last 24 hours, a total of 63,643 traders were liquidated, resulting in a total of $183.84 million in liquidations. The largest single liquidation order, which occurred on Bybit, involved a BTC-USD value of $1.94 million.The sudden resurgence led to the liquidation of $183 million w…
