Bitcoin Marks One Month Of Negative Funding Rates, More Decline Incoming? - BitcoinEthereumNews.com
BitcoinBitcoin Marks One Month Of Negative Funding Rates, More Decline Incoming？07 / 15 / 2022Balita ng Ethereum ng Bitcoin Bitcoin funding rates had first fallen below the neutral level last month. Before that, the funding rates had been fluctuating at and below neutral for the longest time. This new trend has lasted longer than expected as the digital assets price continues to struggle. In this report, we take a look at the state of bitcoin funding rates as well as the implications if the present trend continues. Funding Rates Below Neutral When bitcoin funding rates had first fallen below neutral in June, the price of the digital asset was still trading well above $30,000. Since then though, multiple crashes and dips have seen the cryptocurrency lose more than $10,000 of its value and continue to struggle to hold above its previous cycle peak. Mga Kaugnay na Pagbabasa | Nangunguna ang Mid Cap Crypto Coins Noong Hulyo, Pinakamahusay na Paraan Upang Panahon sa Taglamig？ However, despite the minor upward corrections that have been recorded since then, the funding rates have refused to budge. At the time of this writing, the funding rates have now spent a complete month with below neutral numbers. Binance and Bybit are some