Sentiment: Negative
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Bitcoin Funding Rate Hits Nine-Month Low on Binance
By Yash Jain at 2026-11-07 06:52
Sentiment: Negative
The post Bitcoin Funding Rate Hits Nine-Month Low on Binance appeared first on Coinpedia Fintech News The Bitcoin funding rate on Binance has plunged to approximately -0.00215, its lowest level since last January. With BTC retreating toward $83,000, futures traders are leaning increasingly bearish. But that shift could cut both ways. Negative funding means short-position holders pay fees to long-position holders. In practical terms, it suggests demand for short exposure has … Continue reading...
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