Bitcoin Funding Rate Hits a 2-Week High, but $70K Still Isn’t a Straight Line
Bitcoin’s funding rate has climbed to a two-week high, signaling stronger trader optimism, but ETF outflows and macro risks may still slow any move toward $70,000.
Bitcoin’s funding rate has climbed to a two-week high, signaling stronger trader optimism, but ETF outflows and macro risks may still slow any move toward $70,000.
Bitcoin is being watched for signs of another bearish wipeout, but realized losses are still below the 2022 peak, according to Cointelegraph’s reporting. That has led some analysts to argue the market may not have found its final bottom yet.
Spot XRP ETFs have now posted nine straight days of net inflows, but the token still faces downside risk as traders weigh whether that demand is enough to offset selling pressure.