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Bitcoin Cash Falls 3.36% in One Hour to $248 on Binance Spot

BCH was down 6.17% over 24 hours. Long liquidations totaled $900,000, compared with $10,000 in short liquidations during the hour.

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A ridged metal token tips down a charcoal ramp / TokenPost.ai
A ridged metal token tips down a charcoal ramp / TokenPost.ai

Bitcoin Cash (BCH) fell 3.36% in one hour to $248 at 3:51 p.m. ET Saturday, Nov. 7 (20:51 UTC), on Binance's spot BCH/USDT market. BCH was down 6.17% over the prior 24 hours.

BCH ranked 20th by market capitalization, at about $5.16198 billion. The one-hour and 24-hour figures cover different measurement windows, with the latter capturing BCH's price move over a full day.

During the same one-hour period, BCH positions across Binance, Bybit and OKX recorded $900,000 in long liquidations and $10,000 in short liquidations. The long liquidation figure exceeded the short figure by $890,000. The liquidation numbers are dollar amounts and cover BCH positions across the three exchanges.

The $248 reading came from Binance's spot BCH/USDT market, while the liquidation tally combined three venues. Together, the figures show the hourly price change alongside liquidation activity across the three exchanges; BCH was down 6.17% over 24 hours.

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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