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](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2023/08/bitcoin-chart.jpg&w=70&h=37&q=75)
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.
![Bitcoin perpetual futures funding rate soars in August: Here’s what this means](https://cryptoslate.com/wp-content/uploads/2023/08/bitcoin-chart-768x403.jpg)
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.