$5.6 billion crypto positions got liquidated over the 24 hours, amid market correction

TL;DR Breakdown: About $5.6 billion crypto positions were liquidated in the last 24 hours. About 650,000 traders were affected. The crypto market has probably entered a correction phase, as almost all the top-ten cryptocurrencies are declining in value. On Tuesday, the Bitcoin price dropped below $47,000, although the current price is slightly above this level, […]