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Bitcoin Sees Negative Funding On Binance

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As political tensions between US President Donald Trump and Elon Musk escalated yesterday, the Bitcoin (BTC) market skilled a pointy shift in sentiment, with the funding price on Binance flipping from constructive to damaging inside hours.

Bitcoin Funding Charges Flip Detrimental On Binance

Based on a CryptoQuant Quicktake put up by contributor Darkfost, BTC funding charges on Binance have as soon as once more turned damaging, whilst the highest cryptocurrency continues to commerce above the $100,000 mark on the time of writing.

Associated Studying

The analyst attributed the sudden reversal in funding – from +0.003 to -0.004 – to the general public spat between Trump and Musk on social media. This speedy shift displays rising worry amongst market members amid heightened uncertainty.

cq1
Supply: CryptoQuant

Following the sentiment shift, BTC fell from the mid-$100,000 vary to a low of $100,984, in response to CoinGecko. Over the previous two weeks, the asset has declined by 4.1%.

That stated, the present dip might supply a main shopping for alternative to traders. If Bitcoin rebounds strongly, it may lead to a powerful resurgence in shopping for stress, resulting in a brief squeeze which will propel BTC’s value additional up.

Darkfost highlighted that there have been three situations through the present market cycle when BTC witnessed such deep damaging funding. Notably, every of those situations have been adopted by a powerful upward transfer within the cryptocurrency.

For instance, on October 16, 2023, BTC dipped into damaging funding territory earlier than rallying from $28,000 to $73,000. An analogous sample performed out on September 9, 2024, when the asset surged from $57,000 to $108,000. 

The newest case was on Might 2, 2025, when BTC jumped from $97,000 to a brand new all-time excessive (ATH) of $111,000. If historical past repeats, then the market may even see a brand new ATH for BTC within the coming weeks. Darkfost famous:

Such excessive readings typically mark moments of most pessimism, exactly the sort of sentiment that may precede a powerful bullish reversal when the brief time period negativity is gone.

Massive Buyers Enhance BTC Publicity

In the meantime, Bitcoin whales – wallets holding giant quantities of BTC – proceed to build up at a speedy tempo. Notably, new whales have acquired BTC value $63 billion, reflecting robust confidence within the asset’s near-term prospects.

Associated Studying

Supporting this bullish outlook, current evaluation by QCR Capital signifies that giant traders count on BTC to surge to as excessive as $130,000 by the top of Q3 2025. Moreover, the realized cap held by long-term holders has surpassed $20 billion, reinforcing constructive sentiment.

That stated, some analysts urge warning, anticipating BTC to crash under $100,000 earlier than resuming its bullish momentum. At press time, BTC trades at $104,069, down 0.5% prior to now 24 hours.

BTC trades at $104,069 on the day by day chart | Supply: BTCUSDT on TradingView.com

Featured picture from Unsplash, charts from CryptoQuant and TradingView.com



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