Add as a preferred source on GoogleBitcoin Drops 4.62% in Four Hours to $67,631 on Binance
Bitcoin's 24-hour loss reached 8.13%; a one-hour tally showed $45.45 million in long liquidations and $1.38 million in short liquidations.
Bitcoin (BTC) fell 4.62% in four hours to $67,631 on Binance's BTC/USDT spot market at 12:56 a.m. ET (05:56 UTC) Friday, extending its 24-hour decline to 8.13%.
The same pair was at $70,905 four hours before the 12:56 a.m. ET reading, a $3,274 difference from the latest quote. The 4.62% figure compares those two observations; the 8.13% decline covers the separate 24-hour period.
Over the same one-hour period, liquidations across Binance, Bybit and OKX totaled $45.45 million in longs and $1.38 million in shorts. The totals aggregate activity across all three exchanges, with the long figure higher than the short figure.
Bitcoin ranked first among crypto assets by market capitalization, at about $1.38 trillion. That figure measures total market value, while the quoted $67,631 price is the reading for one specific Binance spot pair at a specified time.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.