Bitcoin's Crypto Funding Rate: Bitcoin's crypto funding rate, which measures the cost of holding a long position in Bitcoin, has dropped significantly in recent days. This is a result of the recent market correction that has seen Bitcoin's price drop from its all-time high of over $64,000 to around $50,000. Many traders are taking profits and closing their long positions, causing the funding rate to decline. #BTC #Bitcoin #CryptoFundingRate Ethereum's Crypto Funding Rate: Similarly, Ethereum's crypto funding rate has also seen a significant drop in the past few days. This is due to the overall market sentiment and the impact of Bitcoin's correction on the entire cryptocurrency market. As Ethereum's price has also dropped, traders are closing their long positions, resulting in a decrease in the funding rate. #ETH #Ethereum #CryptoFundingRate Market Correction and Crypto Funding Rates: The recent market correction has caused panic and uncertainty am...
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