In an unexpected rally, the cryptocurrency market saw substantial gains over the past day, buoying major digital currencies like Bitcoin, Ethereum, Dogecoin, and Lido Staked Ether. This rapid price hike resulted in significant liquidations, especially impacting traders with short positions who misjudged the market’s momentum.
Continue Reading:Surging Crypto Prices Spark Wide-Scale Liquidations
Source: https://en.bitcoinhaber.net/surging-crypto-prices-spark-wide-scale-liquidations
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