Dive into the intricate world of cryptocurrency derivatives, where perpetual futures play a significant role. Discover how the funding rate, a unique mechanism, helps ensure market stability and provides key insights into potential price movements. Recently, the funding rate for Bitcoin futures experienced a notable spike, hinting at a bullish market sentiment... But what could be the implications of this increase for long-term traders? Find out how this shift could alter the landscape of cryptocurrency trading...
Bitcoin perpetual futures funding rate soars in August: Here’s what this means Bitcoin perpetual futures funding rate soars in August: Here’s what this means
August saw a sharp upturn in Bitcoin perpetual futures funding rate, highlighting its correlation with Bitcoin price movements.
3 min read
Updated: Aug. 5, 2023 at 1:58 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
