Bitcoin surpasses $14k: negative funding shows it can still run higher
The price of Bitcoin (BTC) surged past $14,000 for the second time in one week. Yet, the funding rate of BTC futures on Binance Futures is still heavily negative.
The daily price chart of Bitcoin. so... Read More
Bitcoin28/10/20 03:52 by Joseph Young
Bitcoin Futures Funding Rate is Going Negative Even as Price Skyrockets
The funding rate of the Bitcoin (BTC) futures market is turning negative as the price of BTC surges. The trend indicates that short contracts are getting squeezed as the dominant cryptocurrency rises.... Read More