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Different levels of long and short interest in Bitcoin are indicated by funding rates on well-known exchanges such as Binance, OKX and Bybit. The sentiment of traders and prospective price movements are revealed by these rates. An even-handed attitude toward trading is indicated by the comparatively neutral funding rate for Bitcoin.
The market is still significantly impacted by miners' sales. The conclusion of this capitulation stage may depend on a number of factors. Miners might not have to sell their holdings if there was a substantial increase in the price of Bitcoin that would once again make mining profitable.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.
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