Bitcoin Rises 1.23% in an Hour to $79,393; Short Liquidations Total $19.56M

Bitcoin (BTC) rose 1.23% in the hour through 9:45 a.m. ET (14:45 UTC) Wednesday to $79,393 on Binance's BTC/USDT spot market.

The quote was up $967 from $78,426 an hour earlier, while BTC gained 2.57% over 24 hours. The $79,393 figure is a spot quote at one observation time, rather than an average across exchanges. The 1.23% move measures the preceding hour, and the 24-hour change compares the quote with its level one day earlier.

Across Binance, Bybit and OKX, short liquidations totaled $19.56 million and long liquidations totaled $20,000 during the same one-hour window. The liquidation totals combine activity on the three exchanges and are distinct from the Binance-only spot quote. Bitcoin ranked first among crypto assets by market capitalization, at about $1.573 trillion. Short liquidations exceeded long liquidations by $19.54 million during the measured period.

Enna Lee

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