diff --git a/requirements.txt b/requirements.txt
index d305f91b4..d5e833df3 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -6,7 +6,7 @@ ccxt==1.77.45
 # Pin cryptography for now due to rust build errors with piwheels
 cryptography==36.0.2
 aiohttp==3.8.1
-SQLAlchemy==1.4.32
+SQLAlchemy==1.4.34
 python-telegram-bot==13.11
 arrow==1.2.2
 cachetools==4.2.2