Bitcoin Bullish Bets Costlier Than Ever as Funding Rates Hit Record 66%
Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday.
Bitcoin Starts the New Year Rising Past $45K, Highest Level Since April 2022
Speculation has been ramping up that regulatory approval for a U.S.-based spot bitcoin ETF is coming this week.