CryptoQuant Analyst: Binance Futures Funding Rate Still in Negative Territory, Could Be a Signal of Bitcoin Breaking New High

Blockbeats
26 Apr

BlockBeats News, April 26, CryptoQuant analyst Avocado stated, "Despite Bitcoin has rebounded more than 20% from the recent low, the Binance contract funding rate is still in the negative zone. The current investor sentiment and price trend suggest that Bitcoin is likely to break the previous all-time high."

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