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Coin Edition 2024-09-12 11:20:00

Bitcoin Funding Rates Plunge: Is a Market Correction Coming?

Funding rates across major centralized and decentralized crypto exchanges have taken a nosedive, suggesting the digital asset space could face another crash soon as capital inflows slow down. Data from Coinglass reveals that in the past 24 hours, the funding rate of Bitcoin on Binance was -0.0094%, while on dYdX it was -0.0006%, indicating a The post Bitcoin Funding Rates Plunge: Is a Market Correction Coming? appeared first on Coin Edition .

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