$BTC is at 80,880 USDT, down 0.49% over 24 hours, and $ETH is at 2,374 USDT, down 0.34%. The Crypto Fear & Greed index reads 50. Open interest on $BTC is up 0.2% in 24 hours, and 65% of accounts are long.
In the news: Cointelegraph reports Bitcoin is seeking support above $81K while Brent crude hits its highest level since March. Initia halted its blockchain after an exploit that reportedly drained over $2.6M. The SEC has flagged tokenization as a high-risk area for its 2027 examinations.
Macro calendar: no scheduled items in today's data.
Practical cost tip: $BTC funding is +0.0071% per 8h. At that rate, holding a 10,000 USDT position for 24 hours costs about 2.13 USDT. $ETH funding is lower, at +0.0017% per 8h. Funding is charged on position size, so higher leverage doesn't reduce it, but it does narrow the gap to liquidation. With most accounts leaning long, check your leverage and stop levels before holding overnight. Also review old token approvals in your wallet, especially after exploit news like today's.
— BasisBack Research · not financial advice
In the news: Cointelegraph reports Bitcoin is seeking support above $81K while Brent crude hits its highest level since March. Initia halted its blockchain after an exploit that reportedly drained over $2.6M. The SEC has flagged tokenization as a high-risk area for its 2027 examinations.
Macro calendar: no scheduled items in today's data.
Practical cost tip: $BTC funding is +0.0071% per 8h. At that rate, holding a 10,000 USDT position for 24 hours costs about 2.13 USDT. $ETH funding is lower, at +0.0017% per 8h. Funding is charged on position size, so higher leverage doesn't reduce it, but it does narrow the gap to liquidation. With most accounts leaning long, check your leverage and stop levels before holding overnight. Also review old token approvals in your wallet, especially after exploit news like today's.
— BasisBack Research · not financial advice