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AAPL 343.99 (+1.32%)
GOOGL 334.76 (-1.62%)
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AMZN 262.37 (-0.10%)
NVDA 221.97 (+2.54%)
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Crypto NewsLatest NewsTrending

Bitcoin Funding Rate Hits Nine-Month Low on Binance

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: Original Article