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Bitcoin Falls 1.54% in One Hour to $64,809 on Binance

BTC was $65,823 an hour earlier. Liquidations over the same hour totaled $34.55 million in long positions and $660,000 in short positions across three exchanges.

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A metallic token tilts down across a sharply angled red surface / TokenPost.ai
A metallic token tilts down across a sharply angled red surface / TokenPost.ai

Bitcoin (BTC) fell 1.54% in one hour to $64,809 at 4:02 p.m. ET Saturday on Binance's spot market, while the 24-hour decline stood at 5.73%.

The BTC/USDT spot price was $65,823 at 3:02 p.m. ET (20:02 UTC), then $64,809 at 4:02 p.m. ET (21:02 UTC). The observations came from direct collection of Binance market quotes. The one-hour change was calculated from those two prices, both recorded on the same spot market. The two observations were exactly 60 minutes apart.

Across Binance, Bybit and OKX, Bitcoin trading liquidations during the same hour totaled $34.55 million in long positions and $660,000 in short positions. The long-position amount exceeded the short-position figure by $33.89 million. The totals combine activity from all three exchanges over that one-hour window.

Bitcoin ranked first by market capitalization at about $1,317,313,880,000. The broader 24-hour move was a 5.73% decline, compared with the 1.54% drop measured in the latest hour. That is the wider period behind the shorter hourly snapshot.

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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