Crypto Currency Tracker logo Crypto Currency Tracker logo
Coinpedia 2024-01-02 10:19:24

Bitcoin Bulls, Be Ready to Pay More As Funding Rate Jumps to 66%

The post Bitcoin Bulls, Be Ready to Pay More As Funding Rate Jumps to 66% appeared first on Coinpedia Fintech News In a historic move, Bitcoin surpassed the $45,700 mark, marking a celebratory moment for the crypto community. However, the journey to these heights has come at a cost, as long positions and bullish bets in the perpetual futures market reach unprecedented expense levels. Funding Rates Hit 66% Matrixport’s data tracking reveals an all-time high of …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.