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Bitcoin (BTC) Price Tops $77K Record as Muted Funding Rates Suggest Crypto Rally Has More Room to Run

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Whereas crypto belongings booked double-digit positive factors throughout this week, with BTC sitting at report highs, funding charges for perpetual swaps on crypto exchanges are a lot nearer to impartial ranges than the market prime in early March, CoinGlass knowledge reveals. Funding charge refers back to the quantity lengthy merchants pay shorts to take the alternative facet of a commerce. When funding charges are unfavorable, shorts pay the payment to longs, as this relationship typically happens throughout bearish durations.



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