Crypto Market Sentiment Remains Optimistic Despite Bitcoin Weakness, CoinDesk 20 Perpetual Futures Show
The CD20/USDC perpetual futures traded at a premium to the index price early Thursday, indicating a bullish broader market sentiment.
Velo
Bitcoin’s 4% Drop Cools Overheated Funding Rates, Data Show
Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls.