Bitcoin funding rate stays negative even as BTC price trades above $75K: What gives?

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.

Chainshorts summarizes news into 60-word briefs. Full article is owned and hosted by Cointelegraph Market Analysis. Read the original via the link above. Chainshorts users earn SKR for reading in the app.