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Bitcoin Rises 1.64% in an Hour to $78,050 on Binance Spot Market

BTC was down 4.20% over 24 hours. A three-exchange liquidation tally showed $22.4 million in short liquidations and $220,000 in long liquidations.

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A gold Bitcoin token sits high on a rising steel rail / TokenPost.ai
A gold Bitcoin token sits high on a rising steel rail / TokenPost.ai

Bitcoin (BTC) rose 1.64% in the hour to $78,050 at 11:18 a.m. ET Oct. 30 (15:18 UTC), in TokenPost’s direct capture of public quotes for Binance’s BTC/USDT spot pair. The pair was at $76,788 at 10:18 a.m. ET, the starting price for the hourly comparison. TokenPost calculated the hourly change from those readings.

The advance came as BTC remained down 4.20% over the 24 hours through the 11:18 a.m. ET observation. TokenPost calculated the daily change against the price 24 hours before that snapshot. The two figures show a one-hour gain within a negative 24-hour period.

During the same hour, TokenPost’s liquidation tally across Binance, Bybit and OKX recorded $22.4 million in short liquidations and $220,000 in long liquidations. The price is a spot-market reading for Binance’s pair, while the liquidation tally combines activity across all three exchanges.

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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