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Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish Sentiment
Bitcoin Funding Rates Surge to Multi-Month Highs, Signaling Bullish SentimentAn analyst says the weighted perpetual futures funding rate for Bitcoin open interest (OI) has reached its highest level in months, suggesting potential bullish sentiment for the short-to-medium term. The current weighted funding rate for OI is at 0
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Bitcoin Futures Basis and Funding Rate Remain Relatively Stable During Bull Run
Bitcoin Futures Basis and Funding Rate Remain Relatively Stable During Bull RunDespite a nearly 25% surge in Bitcoin's price in September, rising from $53,000 to $66,000, the Bitcoin futures basis and funding rate have remained relatively stable, exhibiting no significant fluctuations. This contrasts with previous price rallies, which typically saw a considerable increase in funding rates and basis
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Bitcoin Bull Run: Outpacing Wall Street's Frenzy
Bitcoin Bull Run: Outpacing Wall Street's FrenzyWhile the S&P 500 has rallied 60% over the last two years, Bitcoin has far outpaced that record, posting an even larger gain. The U
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CPI Data Positive, Bitcoin Briefly Dips, Is the Bull Run Still On?
CPI Data Positive, Bitcoin Briefly Dips, Is the Bull Run Still On?The recent release of CPI data, showing a year-on-year rate of 2.4%, while lower than the previous value of 2
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Can Bitcoin Break $80,000 in 2024? Three Factors Could Fuel a Bull Run
Can Bitcoin Break $80,000 in 2024? Three Factors Could Fuel a Bull RunPredicting Bitcoin's price is a popular topic, and I predicted late last year that Bitcoin would break $80,000 in 2024. While I believe this prediction remains feasible, achieving this target requires certain conditions to be met
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Crypto Market Rebounds: Can Bitcoin Hold Above $62,000? Is October's Bull Run Continuing?
Crypto Market Rebounds: Can Bitcoin Hold Above $62,000? Is October's Bull Run Continuing?The cryptocurrency market has seen a rebound since the Federal Reserve (Fed) announced a significant 50-basis-point interest rate cut last month. After a dip triggered by geopolitical instability, Bitcoin surged back above $64,000 on Monday (7), reaching a high of $64,466
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Middle East Tensions Douse Bitcoin's October Rally Hopes, Short-Term Pullback Tests Bullish Resilience
Middle East Tensions Douse Bitcoin's October Rally Hopes, Short-Term Pullback Tests Bullish Resilience
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BTC Breaks $65,000, Is a New Bull Run Imminent?
BTC Breaks $65,000, Is a New Bull Run Imminent?After nearly a week of consolidation at high levels, BTC has broken through its previous high of $65,000. This is the first reversal signal seen in six months
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Bitcoin Surges Past $65,000, Bullish Momentum Returns, $100,000 Next?
Bitcoin Surges Past $65,000, Bullish Momentum Returns, $100,000 Next?On Thursday, the BTC/USD trading pair broke through the $65,000 resistance level, hitting a new all-time high. Friday's daily chart showed the pair has confirmed the breakout, setting the stage for further upside, with the next target being the key resistance around $70,000
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Dogecoin (DOGE) Price Breakout Looms, Analysts Bullish on Upside
Dogecoin (DOGE) Price Breakout Looms, Analysts Bullish on UpsideDogecoin (DOGE) has been trading between $0.1071 and $0
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Is the Ethereum Bull Run Nearing its Peak? $3200 Becomes a Key Resistance Level
Is the Ethereum Bull Run Nearing its Peak? $3200 Becomes a Key Resistance LevelWith Ethereum's recent surge in price, many investors are seeking to uncover when this bull run will reach its peak. A seasoned financial journalist, after a thorough analysis of Ethereum's holdings data, exchange rate comparisons, and token distribution, believes that the top of this bull run is likely to be near the $3200 mark
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Dogecoin (DOGE) Stalls Before Key Resistance, Can Bulls Regain Upward Momentum?
Dogecoin (DOGE) Stalls Before Key Resistance, Can Bulls Regain Upward Momentum?Dogecoin (DOGE) recently stalled before the key resistance level of $0.1120, subsequently adjusting against the US dollar