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.
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Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday.
Speculation has been ramping up that regulatory approval for a U.S.-based spot bitcoin ETF is coming this week.