Market Wrap: Cryptocurrencies Pull Back as Traders Remain Cautious

Market Wrap: Cryptocurrencies Pull Back as Traders Remain Cautious


“When funding rates are positive (green), traders are paying a premium for a counterparty to take the short side of the trade. When funding rates are negative (red), traders are paying a counterparty a premium to take the long side of the trade,” Sean Farrell, head of digital asset strategy at FundStrat, wrote in a report.

Continue reading

You Might Like

 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend