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Coinbase analysts David Duong and David Han said that, despite bitcoin's lackluster price action this week, "market sentiment has remained largely unchanged, as evidenced by the stability of perpetual contract funding rates and the number of unpositioned squaring contracts over the past week." Coinbase analysts pointed out that the macro factors affecting the performance of cryptocurrencies are shifting from monetary policy to the outcome of the US election, despite the recent rise in CPI and co...

2024-10-11 17:08:52