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Bitcoin Jumps 2.5% in Four Hours to $83,369 as Shorts Face Losses

Bitcoin traded at $83,369 at 12:09 a.m. ET (04:09 UTC) Oct. 13, up from $81,326 four hours earlier.

By Enna Lee
Published
Mentioned assets
Ridged gold coin beside a sharply tilted metallic market marker / TokenPost.ai
Ridged gold coin beside a sharply tilted metallic market marker / TokenPost.ai

Bitcoin (BTC) rose 2.51% in four hours to $83,369 at 12:09 a.m. ET (04:09 UTC) Oct. 13 on Binance spot BTC/USDT trading.

The price climbed from $81,326 over the four-hour period. Bitcoin remained down 0.25% from its level 24 hours earlier.

Short Bitcoin liquidations totaled $7.27 million across Binance, Bybit and OKX during the same one-hour measurement period, compared with $20,000 in long liquidations. The figures reflect market conditions at the stated measurement times and do not indicate future price direction.

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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