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2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish

May 8, 2024 by DIGIT
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The Bitcoin funding rate and 3-month annualized basis rates are moving to levels that signal to traders it may just be the “calm before the storm.”

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  • bitcoinBitcoin(BTC)$71,242.00-6.29%
  • ethereumEthereum(ETH)$2,120.79-5.73%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$694.58-7.97%
  • rippleXRP(XRP)$1.41-11.76%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$92.17-4.96%
  • tronTRON(TRX)$0.280976-1.95%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.101251-5.96%
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  • bitcoinBitcoin(BTC)$71,242.00-6.29%
  • ethereumEthereum(ETH)$2,120.79-5.73%
  • tetherTether(USDT)$1.00-0.04%
  • binancecoinBNB(BNB)$694.58-7.97%
  • rippleXRP(XRP)$1.41-11.76%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$92.17-4.96%
  • tronTRON(TRX)$0.280976-1.95%
  • staked-etherLido Staked Ether(STETH)$2,258.91-3.75%
  • dogecoinDogecoin(DOGE)$0.101251-5.96%