Quick Take Bitcoin recently experienced a significant decline, with its value dropping below $42,000 and even hitting a day’s low near $40,000. Interestingly, despite this 5% slump, the funding rates remained positive, illustrating resilience in the face of the downturn. The average funding rate, expressed in percentage, established by exchanges for perpetual futures contracts operates […]
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Go here to Read this Fast! Positive funding rates challenge Bitcoin’s 5% market slump narrative
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Positive funding rates challenge Bitcoin’s 5% market slump narrative