Buy Crypto- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Analyst: Bitcoin funding rates have fallen to their lowest level since 2023, which may indicate that a bottom has formed
CoinDesk analyst James Van Straten stated that the Bitcoin funding rate has fallen to its lowest level since 2023, and historical patterns show that such signals often coincide with market bottoms. According to Glassnode data, the seven-day moving average of the funding rate has dropped to about -0.005%.
The funding rate is the fee that long and short positions pay each other periodically in perpetual contracts to keep the contract price aligned with the spot market. When the rate is positive, longs pay shorts, reflecting bullish market sentiment; when the rate is negative, shorts pay longs, indicating a bearish market. Despite the funding rate being persistently negative from March to April this year, Bitcoin still oscillated upward from the $60,000 to $65,000 range to about $75,000. Historically, a deeply negative funding rate often coincides with Bitcoin's phase bottoms: during the market crash triggered by the COVID-19 pandemic in March 2020, Bitcoin fell to about $3,000; it dropped to $30,000 during China's mining ban announcement in 2021; it hit a low of about $15,000 during the FTX collapse in November 2022; and it briefly fell below $20,000 during the Silicon Valley Bank crisis in 2023. During the yen arbitrage trade closure in August 2024 and the "Liberation Day" sell-off in April 2025, negative funding rates also appeared alongside phase lows. The continued negative funding rate indicates that even if the price trend is positive, short positions remain at a high level. This divergence may suggest that the market is climbing within a "wall of worry," and a large number of short positions could become fuel for further price increases.
You may also like
Lattice Capital Founder: Crypto VC, Seeing is Believing Because of Faith
The Pitch Is Set. So Is the Trade: CHZ, SportFi, and the UCL Window That Won't Wait
CHZ is gaining momentum as SportFi narratives accelerate alongside the UEFA Champions League（UCL） and global football cycles. This article explores how CHZ, fan tokens, and the broader SportFi ecosystem are driven by real-world events, market narratives, and capital flows—offering insights into why SportFi is emerging as one of the most dynamic sectors in crypto.
Morning Report | SpaceX acquires Cursor for $60 billion; Kalshi and Polymarket launch perpetual contract trading; NeoCognition completes $40 million financing
IMF | The Future of Stablecoins and Payments: Evidence from Financial Markets
56% Spike in Memecoin Trading Volume, Yet Shiba Inu (SHIB) Remains Static With 0 Netflow
Key Takeaways: Recent memecoin market saw a volume increase of 56%, highlighting a shift in investor interest towards…
American Airlines Praises Ripple, Surprising XRP Community
Key Takeaways: American Airlines reports exceptional results from Ripple Treasury usage. Ripple Treasury aids treasury efficiency without needing…
USDT Supply Surges to $188B as Tether Solidifies Stablecoin Dominance
Key Takeaways: Tether’s USDT supply reaches an all-time high of $188 billion, maintaining its dominance in the stablecoin…
North Korea’s $500M DeFi Heist Unveils New Cyber Warfare Tactics
Key Takeaways: North Korean operatives have obtained over $500 million from DeFi platforms in under three weeks. The…
How Crypto Futures Markets Are Fueling ‘Scam Coin’ Insider Schemes
Key Takeaways: RAVE’s market cap skyrocketed to $6.7 billion before plummeting by 95% due to insider control and…
XRP Price Prediction: Wall Street Giants Eye Ripple – Should You?
Key Takeaways: Wall Street players like Mastercard and BlackRock are adopting bullish XRP positions. XRP Ledger sees a…
WOJAK Crypto Meme Coin Pumps 87% as MAXI Targets $5M: Unveiling the Trading Insights of 2026
Key Takeaways: WOJAK crypto surged 87% in 24 hours, driven by aggressive accumulation, signaling renewed interest in meme…
XRP Price Prediction: Wall Street Giants Back Ripple’s Future – Should You?
Key Takeaways: Leading Wall Street firms are showing bullish interest in XRP’s price potential. At the Digital Assets…
XRP Price Prediction: Wall Street Giants Shift Focus to Ripple
Key Takeaways: XRP Ledger is seeing massive institutional interest from giants like Mastercard and BlackRock, aligning with overall…
Protect Your Crypto: Practical Steps to Avoid Scams
Key Takeaways: Recognize red flags early by knowing scams like phishing and rug pulls. Secure your assets with…
How Much Is Blueface Worth? Latest Net Worth Revealed (2026)
Key Takeaways: Blueface’s net worth in 2026 ranges from $4 million to $7 million, reflecting both his musical…
Google’s Quantum AI Sparks Ripple’s 2-Year Plan for XRP: What’s the Impact on Holders?
Key Takeaways: Ripple’s multi-phase plan targets quantum cryptography readiness for XRP Ledger by 2028 due to Google Quantum…
Eightco Holdings (NASDAQ: ORBS) Reveals $336M in Digital Assets and Equity Investments
Key Takeaways: Eightco’s treasury includes $90M in OpenAI, $25M in Beast Industries, 11,068 ETH, and $283 million WLD…
DeFi Losses Top $600 Million Amid Kelp DAO Exploit and TVL Decline
Key Takeaways: Total DeFi losses have skyrocketed to approximately $1 billion recently, with $600M+ linked directly to the…
Lattice Capital Founder: Crypto VC, Seeing is Believing Because of Faith
The Pitch Is Set. So Is the Trade: CHZ, SportFi, and the UCL Window That Won't Wait
CHZ is gaining momentum as SportFi narratives accelerate alongside the UEFA Champions League（UCL） and global football cycles. This article explores how CHZ, fan tokens, and the broader SportFi ecosystem are driven by real-world events, market narratives, and capital flows—offering insights into why SportFi is emerging as one of the most dynamic sectors in crypto.
Morning Report | SpaceX acquires Cursor for $60 billion; Kalshi and Polymarket launch perpetual contract trading; NeoCognition completes $40 million financing
IMF | The Future of Stablecoins and Payments: Evidence from Financial Markets
56% Spike in Memecoin Trading Volume, Yet Shiba Inu (SHIB) Remains Static With 0 Netflow
Key Takeaways: Recent memecoin market saw a volume increase of 56%, highlighting a shift in investor interest towards…
American Airlines Praises Ripple, Surprising XRP Community
Key Takeaways: American Airlines reports exceptional results from Ripple Treasury usage. Ripple Treasury aids treasury efficiency without needing…
App