Near Record High Funding Rate Suggests Bitcoin Pullback Not Over
Submitted by Anonymous (not verified) on Thu, 04/04/2024 - 19:50Though modestly higher today, bitcoin remains lower by about 8% from its record high hit two weeks ago.
Though modestly higher today, bitcoin remains lower by about 8% from its record high hit two weeks ago.
Though modestly higher today, bitcoin remains lower by about 8% from its record high hit two weeks ago.
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.
The stablecoin issuer's BTC holdings now top 75,000 tokens worth about $5 billion.
The stablecoin issuer's BTC holdings now top 75,000 tokens worth about $5 billion.
U.S. economic data on Thursday has sent rates and the dollar higher.
U.S. economic data on Thursday has sent rates and the dollar higher.
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