The week started on a rough note for the cryptocurrency market, with sharp sell-offs leading to one of the largest liquidation events in recent history. More than $1.7 billion worth of positions across major digital assets were wiped out, according to data from Coinglass.
Leading crypto firms like Riot Platforms Inc. (NASDAQ: RIOT) will be hoping the liquidations are just a passing cloud that will not have a sustained effect on the industry at this time when the regulatory…
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