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Bitcoin

Bitcoin Falls 1.36% in One Hour to $73,175 on Binance Spot Market

Image: TokenPost

Bitcoin (BTC) fell 1.36% in one hour to $73,175 at 10:47 a.m. ET Tuesday, Nov. 10 (15:47 UTC), while long liquidations far exceeded short liquidations across three exchanges during the same period. The price comes from directly collected Binance spot BTC/USDT quotes. BTC was $74,184 one hour earlier on the same exchange and trading pair, a decline of $1,009. At the later observation, Bitcoin was down 3.05% from 24 hours earlier. The hourly and daily changes cover different periods. Across Binance, Bybit and OKX, $38.69 million in long positions and $5 million in short positions were liquidated during that hour. A long position benefits when the price rises, while a short position benefits when it falls.

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