Bitcoin and Ethereum Prices Plummet, Over $170 Million in Longs Liquidated
The price of Bitcoin plunged below $59,000 late Tuesday, according to CoinGecko data, reaching lows not seen in a week. The more than 3% fall was echoed by Ethereum, which fell below $2,500. The sudden price drop triggered over $170 million in long-position liquidations in a single hour, according to CoinGlass, stinging investors betting for…