1 min read
Add as a preferred source on Google

Bitcoin Falls 1.38% in an Hour to $68,386 on Binance Spot

BTC was down 4.38% over 24 hours, while long liquidations across Binance, Bybit and OKX reached $10.23 million in the same hour.

Mentioned assets
A gold coin tips beside a descending black market bar / TokenPost.ai
A gold coin tips beside a descending black market bar / TokenPost.ai

Bitcoin (BTC) fell 1.38% in one hour to $68,386 at 10:31 a.m. ET Friday (15:31 UTC), on Binance’s spot BTC/USDT pair.

The Binance spot pair was at $69,340 one hour earlier, at 9:31 a.m. ET, making the decrease $954. The 24-hour comparison at 10:31 a.m. ET showed a separate 4.38% loss. The hourly change compares the two Binance prices one hour apart; the 24-hour figure uses a separate comparison window.

TokenPost’s same-hour liquidation tally across Binance, Bybit and OKX totaled $11.02 million. Long liquidations made up $10.23 million, while short liquidations were $790,000. The long-side figure was about 13 times the short-side amount.

Bitcoin ranked No. 1 by market capitalization, at about $1.38 trillion. The spot quote is for Binance’s BTC/USDT pair, while the liquidation amount combines the three exchanges. Both comparison windows end at the same 10:31 a.m. ET observation; one covers an hour and the other spans 24 hours.

Enna Lee

Reporter

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

Loading…