Bitcoin funding rate reset indicates continued rally, say analysts

Recently, Bitcoin (BTC), the cryptocurrency market leader, has seen its funding rates return to standard levels following a significant rally. This normalization is a key indicator of the market’s current dynamics. Data from Coinglass reveals that Bitcoin traders paid fees ranging from 0.19% to 0.93% over the past week to maintain their long positions. This […] source: https://www.cryptopolitan.com/bitcoin-funding-indicate-continued-rally/