With Bitcoin’s rally, derivatives market indicators signal changing tides

Quick Take Bitcoin is gaining momentum, exhibiting a surge of roughly 20% in the past month. This has subsequently led to a stir in the Bitcoin derivatives market. Intriguingly, at the start of January, just before the Bitcoin ETF launch, the annualized funding rate was approximately 13.87%, grounded on a daily rate of 0.038%. This...

Read full story at CryptoSlate >