Bitcoin Rises 1.31% in One Hour to $74,823 on Binance

Bitcoin (BTC) rose 1.31% in one hour to $74,823 at 10:02 a.m. ET Tuesday, while short liquidations across three crypto exchanges exceeded long liquidations over the same period.

BTC was priced at $73,857 at 9:02 a.m. ET, putting the gain between the two observations at $966. The later quote was collected directly from Binance’s public spot BTC/USDT market. Both price observations track the same trading pair on the same exchange.

Short liquidations totaled $4.04 million across Binance, Bybit and OKX during the hour ending at 10:02 a.m. ET. Long liquidations across those same exchanges totaled $770,000. The liquidation figures cover the same one-hour window as the price comparison and combine activity from the three exchanges.

The hourly advance left Bitcoin below its price from a day earlier: BTC was down 0.04% over the preceding 24 hours. That longer change uses a different starting point from the $73,857 hourly observation. Bitcoin remained the largest cryptocurrency by market capitalization.