42m ago
Bitcoin daily funding rates jump over 300% as BTC trades above $67,200
Bitcoin (BTC) rose modestly on April 3 and briefly traded above $67,200 as daily funding rates increased by more than 300%. The move suggests leveraged traders expanded bullish positioning, though open interest was down 0.12% at the time of writing. Analysts framed the divergence as a funding spike driven more by trader repositioning than by a clear surge of new capital.