Bitcoin Below $60K in a ‘Funding Reset’ Move, Tests Key Support: Experts

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Bitcoin Below $60K in a ‘Funding Reset’ Move, Tests Key Support: Experts

Bitcoin fell below $60,000 during mid-European hours, before press time, extending early weakness. Analysts said a pullback was expected and has normalized the elevated funding rates or costs associated with holding long positions in the perpetual futures market. www.coindesk.com



Bitcoin fell below $60,000 during mid-European hours, before press time, extending early weakness. Analysts said a pullback was expected and has normalized the elevated funding rates or costs associated with holding long positions in the perpetual futures market.



www.coindesk.com