Leading cryptocurrencies inched lower on Wednesday, as investors remained hesitant to allocate funds to the risky asset class due to fears about inflation and interest rates. What Happened: Bitcoin, the market bellwether, remained choppy in the $67,000 zone, while the second-largest cryptocurrency, Ethereum, fell below $3,800, effectively reversing all the gains made due to spot ETF hype last week. The market drop resulted in the liquidation of $152 million worth of positions in the last 24 hours, with long liquidations accounting for 71% of the total. Ethereum led with $38.55 million in liqui…
