✦ Chainshortsbitcoin
Bitcoin funding rates hit most negative levels since 2023: Glassnode
· Crypto Briefing

Bitcoin funding rates have become the most negative since 2023, according to Glassnode. This may signal a market bottom, with potential bullish trends and increased institutional interest. Negative funding rates often indicate traders are betting on price increases, possibly setting the stage for a rally.
Chainshorts summarizes news into 60-word briefs. Full article is owned and hosted by Crypto Briefing. Read the original via the link above. Chainshorts users earn SKR for reading in the app.