Data shows the Bitcoin perpetual futures market has seen a negative Funding Rate recently, suggesting a bearish sentiment is dominant. Bitcoin Perpetual Futures Traders Are Betting On The Short Direction As highlighted by Glassnode analyst Chris Beamish in an X Funding Rate” here refers to an indicator that measures the amount of periodic fee that…
Tag: Bitcoin Funding Rate
Bitcoin Perps Heat Up Again As Leveraged Longs Rise
Data shows traders have set up fresh Bitcoin positions on the perpetual futures market during the past day, and the Funding Rate suggests they are long bets. Bitcoin Open Interest Has Witnessed An Uptick According to data from on-chain analytics firm Glassnode, the surge Bitcoin has seen to kick off Monday has come alongside a…
Bitcoin & Ethereum Diverge: Longs Dominate BTC, While ETH Shorts Rise
Data shows Bitcoin and Ethereum have formed a divergence in the Funding Rate indicator, with traders going long on BTC, short on ETH. Bitcoin & Ethereum Funding Rates Are Showing Opposite Values In a new Funding Rate has developed for Bitcoin and Ethereum amid the latest market volatility. Bitcoin and other cryptocurrencies saw some sudden…
Bitcoin Funding Rate Turns Neutral On Top Exchanges: What Happened Last Time
Data shows the Bitcoin futures funding rate has declined to neutral on the top three exchanges. Here’s where this could lead the asset’s price. Bitcoin Futures Market Sentiment Has Turned Neutral In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the latest trend in the Bitcoin Funding Rate for the…