Major Cryptocurrencies Rally, Bitcoin Tops $69K as Traders Face Liquidations
- Bitcoin (BTC) surged past $69,000 Monday, gaining over 5% in 24 hours
- Ether (ETH) was up 4% during the same period
- Tokens of Solana (SOL) and Avalanche (AVAX) advanced nearly 10%
- The rally extended to most digital assets, with the CoinDesk 20 Index up 4.5%
- $195 million of leveraged derivatives positions were liquidated, including $129 million in short positions
