New update | Crypto analyst Darkfost posted that the BTC funding rate on Binance has turned negative and currently stands at -0.0073%. A negative funding rate usually indicates strong demand for short positions, with overall sentiment in the derivatives market decidedly bearish.
The news is somewhat negative; $BTC is currently at 82038.55.
A single piece of news is unlikely to change the trend, but it could amplify volatility. What’s your first reaction: good news or bad news?

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