BTC $64,430.55 +2.65%
ETH $1,912.98 +2.18%
BNB $605.02 +0.47%
XRP $1.00 +1.09%
SOL $75.91 +1.95%
TRX $0.3312 +0.09%
DOGE $0.0703 +1.10%
ADA $0.1739 -0.63%
BCH $204.70 +0.52%
LINK $9.52 +1.46%
HYPE $59.35 +3.95%
AAVE $89.11 +3.74%
SUI $0.6744 +0.63%
XLM $0.1576 +0.94%
ZEC $513.74 +5.66%
BTC $64,430.55 +2.65%
ETH $1,912.98 +2.18%
BNB $605.02 +0.47%
XRP $1.00 +1.09%
SOL $75.91 +1.95%
TRX $0.3312 +0.09%
DOGE $0.0703 +1.10%
ADA $0.1739 -0.63%
BCH $204.70 +0.52%
LINK $9.52 +1.46%
HYPE $59.35 +3.95%
AAVE $89.11 +3.74%
SUI $0.6744 +0.63%
XLM $0.1576 +0.94%
ZEC $513.74 +5.66%

Analysis: After several months of positive interest rates, the funding rate for Bitcoin in terms of tokens has reached a healthy level

2024-07-22 22:20:41

According to ChainCatcher news, as reported by Bitcoin Magazine Pro, after several months of positive interest rates, the funding rate for Bitcoin-denominated tokens has finally reached a healthy level. It indicates that the current Bitcoin trend is not dominated by derivatives, but rather by organic spot buying. This is a quite healthy upward trend, more likely to continue.

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