The skyrocketing level of leverage on Bitcoin (BTC) could suggest the crypto market is overheated, according to the analytics firm IntoTheBlock. Lucas Outumuro, head of research at the firm, says in a new analysis that funding rates have reached their highest levels since 2021. “Funding rates on Binance and Bybit reached levels of 0.06% and The post Bitcoin’s Skyrocketing Leverage Suggests Crypto Market Could Be Overheated: IntoTheBlock appeared first on The Daily Hodl .
