Bitcoin surpasses $14k: negative funding shows it can still run higher

The price of Bitcoin (BTC) surged past $14,000 for the second time in one week. Yet, the funding rate of BTC futures on Binance Futures is still heavily negative. The daily price chart of Bitcoin. source: BTCUSD on TradingView.com Why is Funding Rate Critical For Bitcoin Momentum? The Bitcoin futures market utilizes a system known […]
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Author: toutiao