Bitcoin Drops 2.19% in Four Hours to $69,971 on Binance Spot

Bitcoin (BTC) fell 2.19% over four hours to $69,971 at 10:11 p.m. ET Thursday, Nov. 12, in Binance spot BTC/USDT trading.

The prior reading for the same exchange and pair was $71,534. The four-hour change compares that quote with the $69,971 observation at 10:11 p.m. ET. The comparison uses two Binance spot BTC/USDT observations, keeping the exchange and pair constant.

Bitcoin also was 5.19% lower than 24 hours earlier. During a one-hour period, long liquidations across Binance, Bybit and OKX totaled $50.17 million, compared with $180,000 in short liquidations.

Bitcoin is the largest cryptocurrency by market capitalization, estimated at about $1,419,964,720,000. That market value gives size context for the asset, while the spot quote records its price at a specific moment. The four-hour and 24-hour price changes, plus the one-hour liquidation tally, cover separate measurement periods. The current quote and four-hour comparison use the same Binance spot pair.