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Coinpedia 2024-05-16 10:04:35

Bitcoin Derivatives Signal Bullish Surge as BTC Crosses $66,000!

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 …

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