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Bitcoin Cash Falls 3.46% in an Hour to $274 on Binance Spot

BCH was down 3.01% over 24 hours, while long liquidations totaled $80,000 across three exchanges.

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A metal token rolls down a steep dark surface / TokenPost.ai
A metal token rolls down a steep dark surface / TokenPost.ai

Bitcoin Cash (BCH) fell to $274 by 12:25 p.m. ET (17:25 UTC) Nov. 5, down 3.46% in the preceding hour on Binance's BCH/USDT spot market.

The move was calculated from publicly available exchange quotes collected directly. BCH was at $284 one hour before the 12:25 p.m. ET observation, a $10 decline over the period. The asset was down 3.01% over 24 hours at the same observation time.

Liquidations across Binance, Bybit and OKX during the same hour totaled $80,000 in long positions and $0 in short positions. The figures cover the same one-hour interval as the spot-price comparison, providing another measure of activity alongside the move in BCH's price.

BCH ranked 19th by market capitalization, at about $5.50151 billion. Its 3.46% one-hour decline was 0.45 percentage point larger than the 3.01% fall over 24 hours.

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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