Bitcoin Bears Dominate On Binance, Why Is Funding Rate Positive?
Submitted by Anonymous (not verified) on Thu, 08/29/2024 - 04:30Bitcoin is steady at press time but is under immense selling pressure after the liquidation of August 27.
Bitcoin is steady at press time but is under immense selling pressure after the liquidation of August 27.
Here’s what futures market data could suggest about whether this latest Bitcoin recovery will be a dead-cat bounce or not.
In a noteworthy development for the Bitcoin (BTC) market, BlackRock’s Bitcoin ETF, under the ticker name IBIT, has experienced a significant shift
On-chain data shows Bitcoin funding rates have sunk into deep negative values, something that could pave way for a short squeeze in the market.
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