Bitcoin Funding Rates Drop 9 Percent – What Does it Mean for BTC?
Bitcoin (BTC) continues to struggle with notable resistance below the 85,000 dollar mark. Market sentiment is predominantly characterized by volatility and fear, particularly after BTC slipped below the critical 90,000 dollar level last week. The decline’s implications on funding rates cannot be dismissed, especially as they have dropped 9 percent this March. Investors are on high alert, watching for any potential signals that further negative trends could lead to even more substantial price challenges. Understanding these shifts is essential for strategic decision-making in the cryptocurrency realm.