
Bitcoin Rebounds Recent Gains After Starting the Week on a High Note
Bitcoin, the world’s largest cryptocurrency, is once again on the ropes, after breaking its longest bearish streak ever.
Earlier today, the crypto king fell to $29,184, completely erasing this week’s gains.
At press time, bitcoin is changing hands at $29,429 on the Bitstamp exchange.
According to data provided by CoinGlass, approximately $143.08 million worth of cryptocurrencies have been liquidated in the past 24 hours. Long positions account for over 84% of wipeouts.
BNB tops the top 10 after the US Securities and Exchange Commission launched an investigation into top exchange tokens, losing nearly 10%, Bloomberg reported.US stock index futures are in the red after major market indices posted marginal gains on Monday.