1 min read
Add as a preferred source on Google

Bitcoin Drops 2.23% in Four Hours to $71,939 on Binance

Bitcoin was down 2.28% over 24 hours. One-hour liquidations across Binance, Bybit and OKX totaled $36.37 million in long positions and $40,000 in short positions.

Mentioned assets
A gold token rests tilted on a steep red surface / TokenPost.ai
A gold token rests tilted on a steep red surface / TokenPost.ai

Bitcoin (BTC) fell 2.23% in four hours to $71,939 at 9:25 a.m. ET (14:25 UTC) Thursday, Nov. 12. The calculation uses Binance spot BTC/USDT prices.

Four hours earlier, the same pair was quoted at $73,582, putting the decline at $1,643. Bitcoin was down 2.28% over the 24 hours through the same 9:25 a.m. ET reading.

Across Binance, Bybit and OKX, Bitcoin liquidations during the same one-hour period totaled $36.37 million in long positions and $40,000 in short positions. Long liquidations exceeded short liquidations by $36.33 million, and the combined total was $36.41 million.

The four-hour percentage compares the current quote with the quote four hours earlier; the 24-hour figure uses a separate window. Liquidation figures cover one hour, so they measure activity over a shorter period. Bitcoin ranked No. 1 among crypto assets by market capitalization, at about $1.45 trillion.

Enna Lee

Reporter

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

Loading…