The post Bitcoin Derivatives Signal Bullish Surge as BTC Crosses $66,000! appeared first on Coinpedia Fintech News
Bitcoin’s price soared past the $66,000 mark, rising nearly 8% last night, driven by strong bullish sentiment in the derivatives market. The current funding rate of 0.00869196 underscores long traders’ dominance, while the buy-to-sell ratio of 0.525 to 0.475 reflects a prevalent buying interest. Open interest has hit $16.1 billion, with a significant 24-hour increase …