Bitcoin Bulls, Be Ready to Pay More As Funding Rate Jumps to 66%

In a historic move, Bitcoin surpassed the $45,700 mark, marking a celebratory moment for the crypto community. However, the journey to these heights has come at a cost, as long positions and bullish bets in the perpetual futures market reach unprecedented expense levels. Sentiment Result : Positive

In a historic move, Bitcoin surpassed the $45,700 mark, marking a celebratory moment for the crypto community. However, the journey to these heights has come at a cost, as long positions and bullish bets in the perpetual futures market reach unprecedented expense levels.