Same Trade, Different Liquidations: How Exchange Mechanics Decided Bitcoin’s 67-Day Funding Squeeze
Bitcoin perpetual futures just closed out the longest stretch of negative funding rates in a decade. According to K33 Research data cited by CoinDesk, the 30-day average funding rate stayed negative for 67 consecutive days — the longest streak in 10 years, eclipsing the run from March to May 2020.
Bitcoin’s dominance grows. Are altcoins dead or just biding their time?
Bitcoin has staged a remarkable recovery in 2019, posting gains in almost every consecutive month. After starting the year at $3800, Bitcoin last week reached an 18-month high of USD $13,768. However, while Bitcoin has soared, for the most part, altcoins have not been able to keep up. Are altcoins dead or just biding their time?