Bitcoin Bears Dominate Futures Market as Funding Rate Turns Negative—What Could Happen Next?
Bitcoin continues to consolidate amid uncertainties, but funding rates have turned negative, revealing the behavior of a chunk of market traders. The Bitcoin price range between $62,000 and $66,000 has come with a noticeable shift in derivatives positioning, with futures data showing sellers still firmly in control. Visit Website
BTC
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
