Bitcoin Drops 3.47% in Four Hours to $76,198 on Binance Spot

Bitcoin (BTC) traded at $76,198 on Binance’s BTC/USDT spot market at 1:40 p.m. ET (18:40 UTC) Nov. 5, down 3.47% in the previous four hours. The price was $78,936 four hours earlier, a $2,738 decline per bitcoin. The figures come from a direct collection of Binance spot prices. BTC’s 24-hour change was -5.26%, based on comparison with its price a day earlier. The four-hour and 24-hour percentages cover different windows, and both were negative at the time of the snapshot. Bitcoin liquidations on Binance, Bybit and OKX totaled $3.45 million during the corresponding one-hour period. Long positions accounted for $2.98 million of that amount, while short positions accounted for $470,000. The long liquidation value was about 6.3 times the short total.

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