Bitcoin, Ethereum and Dogecoin Plunge as Crypto Liquidations Top $1.1 Billion

After a rough October that didn't produce the expected "Uptober" gains for Bitcoin and other top crypto assets, November's getting off to a rough start. Major crypto assets are deep in the red so far on Monday, with Bitcoin diving by 4% and altcoins showing much larger losses. All the while, liquidations are piling up, with approximately $1.16 billion worth of positions zapped over the last 24 hours per data from CoinGlass. The majority of the positions, $1.08 billion worth, are long positions, or bets t ...