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Bitcoin Funding Rate Hits Nine-Month Low on Binance
The post Bitcoin Funding Rate Hits Nine-Month Low on Binance appeared first on Coinpedia Fintech News The Bitcoin funding rate on Binance has plunged to approximately -0.00215, its lowest level since last January. With…
· 1 min read · 141 words · via Coinpedia
Wire briefing
The post Bitcoin Funding Rate Hits Nine-Month Low on Binance appeared first on Coinpedia Fintech News The Bitcoin funding rate on Binance has plunged to approximately -0.00215, its lowest level since last January. With BTC retreating toward $83,000, futures traders are leaning increasingly bearish. But that shift could cut both ways. Negative funding means short-position holders pay fees to long-position holders. In practical terms, it suggests demand for short exposure has …
Source: Coinpedia. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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