Analysis: After months of positive interest rates, bitcoin's token-denominated funding rate has reached a healthy level
2024-07-22 14:26:00
On July 22nd, according to Bitcoin Magazine Pro, after months of positive interest rates, bitcoin token-denominated funding rates have reached a healthy level. It said this means that the current bitcoin trend is not dominated by derivatives, but by organic spot buying. This is a fairly healthy uptrend that is more likely to continue.
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