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BTC $62,732.76 -0.55%
ETH $1,665.51 -0.80%
BNB $598.62 -0.63%
XRP $1.13 +0.08%
SOL $65.83 -0.70%
TRX $0.3253 -0.40%
DOGE $0.0851 -0.76%
ADA $0.1660 +1.41%
BCH $206.90 -6.46%
LINK $7.86 +0.15%
HYPE $61.58 +0.52%
AAVE $61.91 -1.72%
SUI $0.7447 -0.81%
XLM $0.1973 -1.91%
ZEC $444.15 +2.86%
BTC $62,732.76 -0.55%
ETH $1,665.51 -0.80%
BNB $598.62 -0.63%
XRP $1.13 +0.08%
SOL $65.83 -0.70%
TRX $0.3253 -0.40%
DOGE $0.0851 -0.76%
ADA $0.1660 +1.41%
BCH $206.90 -6.46%
LINK $7.86 +0.15%
HYPE $61.58 +0.52%
AAVE $61.91 -1.72%
SUI $0.7447 -0.81%
XLM $0.1973 -1.91%
ZEC $444.15 +2.86%

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
Collection

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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