Crypto

Negative Funding Rates Hit Yearly High as Bitcoin Tests $76K

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In brief

  • Bitcoin funding rates have remained negative for over a month even as BTC touched $76,000, signaling heavy bearish positioning.
  • A potential uptrend could see Bitcoin revisit $125,000 in 30-60 days, Decrypt was told.
  • Despite bullish catalysts, analysts remain cautious, highlighting…

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