Bitcoin Falls 1.75% to $69,053 in an Hour as Long Liquidations Reach $118.01 Million

Bitcoin (BTC) fell 1.75% in one hour to $69,053 at 10:41 p.m. ET Thursday, Nov. 12 (03:41 UTC Nov. 13), extending its 24-hour decline to 6.37% on Binance’s BTC/USDT spot market.

TokenPost collected the public exchange price directly from Binance’s BTC/USDT spot market. The pair was at $70,287 at 9:41 p.m. ET, an hour before the $69,053 reading. The one-hour comparison uses the same exchange and spot pair at both endpoints, while the 24-hour measure compares the price with its level a day earlier.

Across Binance, Bybit and OKX, liquidations for Bitcoin positions totaled $118.01 million on the long side and $400,000 on the short side in the same hour. The totals cover all three exchanges together, rather than Binance alone.

Bitcoin ranks first by market capitalization, with a value of about $1,392,214,560,000. The latest $69,053 figure is a spot-market reading.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].