Peak concern? Bitcoin funding charges crash to lowest ranges in 7 months By Cointelegraph

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Peak concern? Bitcoin funding charges crash to lowest ranges in 7 months

The funding fee of (BTC) has dropped to ranges not seen since September 2020 as the worth of Bitcoin plummeted beneath $52,000 on April 18. Quant dealer and analyst Lex Moskovski says it reveals concern has returned to the market.

In keeping with the info from Glassnode, the typical Bitcoin futures funding fee throughout all alternate dropped to as little as round -0.03% on Sunday

Bitcoin futures perpetual funding fee. Supply: Glassnode
15-minute value chart (Binance). Supply: Tradingview