Bitcoin traders have significantly decreased their bullish bets on the cryptocurrency, evident from the negative Bitcoin funding rate. This negative rate, observed for the first time since October 2023, points towards a notable decline in demand for Bitcoin futures contracts. Several factors contribute to this moderation in Bitcoin demand, including diminishing net inflows to US The post Bitcoin Bulls Scale Back Leveraged Bets, Post-Halving Demand Cools appeared first on CoinGape .
