Matrixport: Bitcoin funding rates continue to decline, and the price may reach a new high after a short decline
2024-06-18 10:57:38
According to a graphic posted by Matrixport on the X platform, Bitcoin funding rates continue to decline, reflecting the waning optimism in the market environment. While funding rates and open interest have been correlated in the past, current open interest is still at a high level, which may lead to a short-term decline in the price and then a new record high.
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