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Report: Bitcoin and Ether Perpetual Futures Funding Rates Remain High Despite Falling Spot Prices

Report: Bitcoin and Ether Perpetual Futures Funding Rates Remain High Despite Falling Spot Prices

2024/03/19 22:50

QCP Capital markets reports that bitcoin and ethereum perpetual futures financing rates remain high despite falling spot prices, meaning speculators are still leveraging down to buy long. Some analysts believe that the current financing rates indicate that there is still more downside potential for both assets.

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