Bitcoin funding rate stays negative even as BTC price trades above $75K: What gives?
Cointelegraph Market Analysis·60-word summary·1 min read
Bitcoin’s futures funding rate remains negative despite BTC trading above $75,000, indicating persistent bearish sentiment among traders. This divergence suggests traders are hedging or expecting a price correction. The market's outlook remains cautious, with some analysts warning of potential volatility if negative funding persists amid bullish price action.
Bitcoin's Coinbase Premium Gap turned negative, signaling potential bearishness. The indicator measures price differences between Coinbase and Binance, with recent decline suggesting US whales may be reducing their accumulation, impacting Bitcoin's short-term trend.
Bitcoin’s long-term holder supply increased from 5.26M to 8.32M BTC in three months, but SOPR remains below 1.0, indicating cautious market sentiment. Older coins are exiting at a loss, suggesting a cautious outlook despite expanding long-term holdings. The supply is becoming less liquid, but demand signals are mixed.
Deutsche Börse invested in Kraken, a major crypto exchange, signaling institutional support. Bitcoin experienced sell-offs from miners and Bhutan, which could impact market stability. These developments reflect ongoing institutional interest and market volatility in crypto.
Bitcoin approaches its critical 100-day EMA resistance in 2026, after a downtrend and correction. The price is forming a triangle pattern, signaling a potential major move. The direction depends on Bitcoin's response to this technical level, which could lead to a bullish or bearish trend.
Strategy (formerly MicroStrategy) proposes shifting its Bitcoin-related dividend payments from monthly to semi-monthly on its STRC preferred stock. The change aims to improve stability without altering the fixed 11.5% dividend rate or total obligations, potentially benefiting investors.