Bitcоin

Bitcoin Bulls Scale Back Leveraged Bets, Post-Halving Demand Cools

Bitcoin traders have significantly decreased their bullish bets on the cryptocurrency, evident from the negative Bitcoin funding rate. This negative rate, observed for the first time since October 2023, points towards a notable decline in demand for Bitcoin futures contracts.

Source

Click to rate this post!
[Total: 0 Average: 0]
Show More

Leave a Reply

Your email address will not be published. Required fields are marked *