Ethereum Perpetual Futures Funding Rate Surges to 18%, Signaling Bullish Market Sentiment Ahead of U.S. Elections

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Ethereum Perpetual Futures Funding Rate Surges to 18%, Signaling Bullish Market Sentiment Ahead of U.S.

Elections The cryptocurrency market is witnessing a significant shift in sentiment as the funding rate for Ethereum (ETH) perpetual futures has surged to an annualized rate of over 18%, marking the highest level since May.

By understanding the underlying factors driving Ethereum’s price movements and leveraging expert insights, investors can navigate the complexities of the market to capitalize on emerging opportunities.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: India

Topics: ETHEREUM Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 07:59:18 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 566 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23069677

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 24 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 12 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #121

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