Bitcoin and Ethereum contract funding rates remain bullish

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ODAILY
06-18
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Odaily Odaily News According to CoinGlass data, despite the recent market crash, the contract funding rates of Bitcoin and Ethereum remain bullish. On Tuesday morning, the funding rate of Bitcoin open contracts was 0.0024%. This shows that there are more traders opening long positions than short positions. Therefore, measured by Bitcoin derivatives activity, the current market sentiment is still slightly higher than negative sentiment. The price plunge has not completely eliminated the bullish sentiment of Bitcoin holders. (Decrypt)

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