Bitcoin Drops 1.23% in One Hour to $79,302 on Binance Spot Market

Bitcoin (BTC) fell 1.23% in one hour to $79,302 at 11:20 a.m. ET Saturday (15:20 UTC), while long liquidations across three exchanges reached $45.14 million. BTC was $80,293 on Binance's BTC/USDT spot market one hour earlier. The $79,302 reading is the Binance spot quote at 11:20 a.m. ET; the hourly percentage compares those two observations. Bitcoin was also down 2.72% over the prior 24 hours. Across Binance, Bybit and OKX, long liquidations totaled $45.14 million and short liquidations totaled $550,000 during the same one-hour period. Long-side liquidations were substantially larger in dollar value than short-side liquidations.