Bitcoin Funding Rate Highlights Potential for Further Pullback Amidst Market Volatility
Thursday, 4 April 2024, 16:21
Bitcoin Funding Rate and Market Volatility
The current near record high funding rate of Bitcoin indicates a potential continuation of the recent pullback.
Market Performance
- Bitcoin is down by about 8% from its peak two weeks ago.
This signifies ongoing volatility and investor caution in the cryptocurrency market.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.