BTC $64,327.09 +1.86%
ETH $1,908.43 +1.20%
BNB $604.65 -0.14%
XRP $0.9998 -0.15%
SOL $75.79 +0.67%
TRX $0.3310 -0.15%
DOGE $0.0702 +0.35%
ADA $0.1738 -2.87%
BCH $204.07 +0.20%
LINK $9.47 +0.25%
HYPE $58.92 +1.91%
AAVE $87.95 +1.25%
SUI $0.6756 -0.23%
XLM $0.1578 +0.02%
ZEC $515.15 +4.76%
BTC $64,327.09 +1.86%
ETH $1,908.43 +1.20%
BNB $604.65 -0.14%
XRP $0.9998 -0.15%
SOL $75.79 +0.67%
TRX $0.3310 -0.15%
DOGE $0.0702 +0.35%
ADA $0.1738 -2.87%
BCH $204.07 +0.20%
LINK $9.47 +0.25%
HYPE $58.92 +1.91%
AAVE $87.95 +1.25%
SUI $0.6756 -0.23%
XLM $0.1578 +0.02%
ZEC $515.15 +4.76%

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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