Over $1.5B in Longs Liquidated as Bitcoin Sinks Under $95,000

After a strong start to December, the cryptocurrency market took a steep nosedive on Monday, with Bitcoin sinking under $95,000, while many big cap cryptocurrencies dropped by more than 10% in the past 24 hours, according to CoinGecko data. The recent downturn also triggered liquidations of approximately $185 million in short positions…