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Bitcoin Cash Slides 6.84% to $265.01 as Long Liquidations Reach $60,000

Binance’s public spot quote for Bitcoin Cash against Tether (USDT) was $266 at 2:20 a.m. ET (07:20 UTC); exchange-price readings showed a 3.37% hourly decline.

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A Bitcoin Cash token represents the cryptocurrency’s reported 24-hour price decline / EconoTimes.ai
A Bitcoin Cash token represents the cryptocurrency’s reported 24-hour price decline / EconoTimes.ai

CoinGecko and exchange spot data put Bitcoin Cash (BCH) at $265.01 at 2:31 a.m. ET (07:31 UTC) Friday, down 6.84% over 24 hours.

At 2:20 a.m. ET (07:20 UTC), Binance’s public spot quote for Bitcoin Cash (BCH) against Tether (USDT) was $266. Exchange-price readings showed a 3.37% decline over the preceding hour and a 6.43% drop over 24 hours. The 3.37% reading compares with the price an hour earlier; the 6.43% figure spans the 24 hours ending at 07:20 UTC.

Across Binance, Bybit and OKX, the compiled one-hour tally put liquidations of long positions at $60,000 and of short positions at $0. Those aggregate liquidation readings cover three venues, while the $266 figure is Binance’s spot-market quote.

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