Bitcoin Below $60K in a ‘Funding Reset’ Move, Tests Key Support: Experts

Bitcoin Below $60K in a ‘Funding Reset’ Move, Tests Key Support: Experts

Bitcoin fell below $60,000 during mid-European hours, before press time, extending early weakness. Analysts said a pullback was expected and has normalized the elevated funding rates or costs associated with holding long positions in the perpetual futures market.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.


*