Binance data: Bitcoin slips under $70,000; 24-hour drop hits 5.18%, Coinglass shows $61.71M liquidations in an hour

Bitcoin briefly fell below the $70,000 mark, according to Binance market data. The token was last quoted at $70,096, down 5.18% over the past 24 hours, after touching an intraday low of $69,478.51. Coinglass reported $61.71 million in total liquidations over the past hour, led by $59.76 million in long liquidations versus $1.95 million in shorts.