Bitcoin Funding Rates Surge 20% On Major Exchanges — What’s Happening?

Q: How long will it take to read this news story?

The story "Bitcoin Funding Rates Surge 20% On Major Exchanges — What’s Happening?" has 424 words across 66 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Bitcoin Funding Rates Surge 20% On Major Exchanges — What’s Happening?" was covered 11 hours ago by NewsBTC, a news publisher based in United Kingdom.

Q: How trustworthy is 'NewsBTC' news outlet?

NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news. The outlet is headquartered in United Kingdom and publishes an average of 8 news stories per day. It's most recent story was published 12 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23781412</li><li>URL: https://beamstart.com/news/bitcoin-funding-rates-surge-20-17323915952530</li></ul>

NewsBTC Logo NewsBTC 11h ago

Bitcoin Funding Rates Surge 20% On Major Exchanges — What’s Happening? - NewsBTC

Quick Summary:

Typically, this direction of the periodic payment suggests a strong bullish sentiment in the market. On the other hand, a negative value of the funding rate metric means that investors with short positions are paying traders with buy positions in the derivatives market.

Bitcoin Perpetual Futures Market Remains Restrained — What It Means In a recent post on the X platform, Glassnode revealed that the Bitcoin perpetual futures market "remains restrained.” This suggests that several traders are still approaching the market with caution despite the steady price climb of BTC in recent weeks.

Will The Rising Bullish Sentiment Sustain The Rally? According to market intelligence platform IntoTheBlock, the Bitcoin funding rates have witnessed a notable upswing in recent days.