Dec. 7, 2024, 4:30 p.m. 2 weeks, 1 day ago
Bitcoin Traders Retain High Leverage Amidst Decline In Funding Rates – Details. After hitting the $100,000 milestone, Bitcoin suffered a sudden price crash on Friday resulting in an estimated price loss of 7%. During this decline, the asset’s perpetual funding rates in the derivative markets took a hit. However, traders may yet retain enough leverage to strongly influence price volatility. Related Reading: …
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