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Bitcoinist
2020-10-25 01:23:21

Are Derivatives Overheated? Bitcoin Funding Rates Begin Inching Up

Bitcoin has undergone a strong rally higher over the past week, reaching highs of $13,250. Looking at derivatives trends, one analyst recently postulated that Bitcoin’s price action may be overheated. The aggregated open interest and CVD of BTC futures markets are meeting notable resistances, he noted. Bitcoin May Be Overheated, Analyst Fears as Funding Rate Moves Higher Bitcoin has undergone a strong rally higher over the past week. The leading cryptocurrency has shot from $11,200, […]

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