Impact of Elevated Perpetual Futures Funding Rates on Bitcoin and Ether Amid Spot Price Downturn

Tuesday, 19 March 2024, 16:39

Despite a dip in spot prices, the funding rates for Bitcoin and Ether perpetual futures remain elevated. This suggests ongoing bullish sentiment in the futures market, contrasting the decline in spot prices. Investors should monitor these rates closely to gauge market sentiment accurately.
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Impact of Elevated Perpetual Futures Funding Rates on Bitcoin and Ether Amid Spot Price Downturn

Bitcoin and Ether Perpetual Futures Funding Rates

Bitcoin and ether perpetual futures funding rates are still elevated despite the spot prices of each asset falling in the past 24 hours.

Elevated Futures Funding Rates

  • Bitcoin and ether perpetual futures funding rates are still high, indicating market optimism.

Summary: Despite spot price downturns, the perpetual futures market remains bullish for Bitcoin and Ether.


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.


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