Crypto Futures See $300M in Losses After Spot Market Drops

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Bitcoin costs rose above $52,000 on Monday earlier than tumbling as a lot as $3,000 early Tuesday, inflicting over $94 million in liquidations. Such figures have been final seen earlier this month after bitcoin fell as little as $41,000 from highs round $69,000 in November. Losses as a consequence of liquidations exceeded $435 million on the time.