Bitcoin and Ethereum contract funding rates remain bullish
Odaily2024/06/18 12:49
By:Odaily
Odaily News According to CoinGlass data, despite the recent
market crash, the contract
funding rates of Bitcoin and
Ethereum remain bullish. On Tuesday morning, the
Bitcoin open interest funding rate was 0.0024%. This indicates that there are more traders opening long positions than short positions. Therefore, the current market sentiment, measured by Bitcoin derivatives activity, is still slightly higher than negative sentiment. The price crash has not completely eliminated the bullish sentiment of Bitcoin holders. (Decrypt)
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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