Amid China's Toughest stance over Crypto, Altcoins have once again suffered the most. Bitcoin (BTC) slipped from 41,760 to 37,000 USD in half an hour and continued correcting lower. It was down by 10% in a day. Ethereum (ETH) tumbled by 16%, landing at 2,355 USD whilst multiple altcoins dipped tremendously. According to Bybt.com data, over USD 253M worth of trading positions were liquidated in the crypto derivatives market.