Leading cryptocurrencies bounced back Tuesday, a day after heavy sell-offs sent prices plummeting to an 8-week low. What Happened: Bitcoin witnessed a steady ascent during the day, briefly rising above $62,000. The relief rally came after the King Crypto dipped below $60,000 on Monday on fears of Mt.Gox’s repayment plans. Buying pressure was back forEthereum, seemingly boosted by SEC chair Gary Gensler’scomments about the review of spot ETFs going “smoothly.” As many as 32,307 traders were liquidated in the last 24 hours, with total liquidations at $87.59 million. Short liquidations accounted …
