# Bitcoin Drops 1.23% in One Hour to $79,302 on Binance Spot Market

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/40091
Published: 2026-10-24T15:24:28.000Z
Updated: 2026-10-24T15:24:28.000Z
Section: Investing

> Bitcoin was down 2.72% over 24 hours, while long liquidations on Binance, Bybit and OKX totaled $45.14 million in the same hour.

Bitcoin (BTC) fell 1.23% in one hour to $79,302 at 11:20 a.m. ET Saturday (15:20 UTC), while long liquidations across three exchanges reached $45.14 million.

BTC was $80,293 on Binance's BTC/USDT spot market one hour earlier. The $79,302 reading is the Binance spot quote at 11:20 a.m. ET; the hourly percentage compares those two observations. Bitcoin was also down 2.72% over the prior 24 hours.

Across Binance, Bybit and OKX, long liquidations totaled $45.14 million and short liquidations totaled $550,000 during the same one-hour period. Long-side liquidations were substantially larger in dollar value than short-side liquidations.

The price figure is a single Binance spot-market observation, while the liquidation amounts combine three exchanges. The daily percentage covers a longer window than the hourly move, giving the reported market change two time frames: a 1.23% drop over one hour and a 2.72% decline over 24 hours.