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Bitcoin Drops 1.24% In One Hour To $84,300

The cryptocurrency was up 0.42% over 24 hours, while long liquidations exceeded short liquidations during the move.

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Metallic Bitcoin token tipping beside fallen trading chips / TokenPost.ai
Metallic Bitcoin token tipping beside fallen trading chips / TokenPost.ai

Bitcoin (BTC) fell 1.24% in one hour to $84,300 at 10:08 a.m. ET (14:08 UTC) on Sept. 30, extending a sharp short-term decline while remaining up 0.42% over the past 24 hours.

The price dropped from $85,356 one hour earlier, based on TokenPost’s direct collection and calculation of public exchange prices. The current price reflects Binance’s spot BTC/USDT market.

Long positions worth $8.03 million were liquidated during the same hour across Binance, Bybit and OKX, compared with $2.56 million in short liquidations. The imbalance shows that leveraged bullish positions accounted for most of the forced closures during the move.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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