Bitcoin Rises 2.25% in Four Hours to $80,430 on Binance Spot

Bitcoin (BTC) climbed 2.25% in four hours to $80,430 at 10:50 a.m. ET (15:50 UTC) Nov. 4, based on TokenPost’s calculation from Binance spot BTC/USDT prices. The latest reading was $1,767 above the price four hours earlier. Over the separate 24-hour window, BTC gained 3.60%. The four-hour and daily percentages are measured against different starting prices, so they should not be added together. Bitcoin liquidations on Binance, Bybit and OKX totaled $94.95 million during the same one-hour period, based on TokenPost’s aggregation of the exchanges’ figures. Short positions accounted for $90.3 million, compared with $4.65 million for long positions. The short liquidation value was about 19 times the long total. Bitcoin ranked as the largest crypto asset by market capitalization, with a value of about $1.611 trillion at the time.

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