Bitcoin Futures Perpetual Funding Rate Turns Positive as BTC Balance on Exchanges Slip to a 3-Year Low
Bitcoin (BTC) was up by 4.47% in the last seven days to hit $47.978 during intraday trading, according to CoinMarketCap. This surge in price has been instrumental in flipping BTC futures perpetual funding rate positive. Yann & Jan, the co-founders of crypto analytic firm Glassnode, explained:
“Traders in Bitcoin futures markets remain reasonably bullish








