The global average annualized funding rate for perpetual contracts reaches 66%
Matrixport monitoring data shows that today, during the Asian time zone, the global average annualized funding rate for perpetual contracts reached 66%. The Director of Research and Strategy at Matrixport stated surprisingly that Bitcoin financing rates have remained high during the holiday period, indicating that cryptocurrency traders have been very optimistic about Bitcoin ETFs and are expecting Bitcoin ETFs to be approved soon.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Morgan Stanley raises CME Group price target to $337
Chip design software leader Synopsys seeks collaboration with Chinese large model laboratories
Former BioNTech executive leads Bambusa Therapeutics (BBTX.US) in sprint to Nasdaq, "boosting" eczema drug trials
Bambusa Therapeutics Inc. has filed for an initial public offering, planning to raise funds for clinical trials of treatments for eczema and other inflammatory diseases.
Crypto prices
More
