As negative market sentiment continues to weigh heavily on

A crypto analyst has shed light on the current stages of

Data shows that Bitcoin’s open interest has plummeted as BTC has crossed the $60,000 level, suggesting that large liquidations have occurred.

BTC tumbled to the $49,000 mark over the last weekend as its price was severely affected by Japan’s Nikkei taking a bloodbath.

On Monday, Bitcoin, the largest

Not many in the industry anticipated the