ChainCatcher reports that, according to Coinglass data, after the crypto market experienced a further decline today, funding rate data shows that the current market remains overwhelmingly bearish, with bearish sentiment towards BTC and ETH even stronger than towards altcoins. Currently, the funding rates for BTC and ETH contracts are negative on almost all platforms, while most altcoin rates remain bullish, though the majority are positive. Specific funding rates are shown in the attached chart.
Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and the underlying asset prices, typically applicable to perpetual contracts. They are a mechanism for transferring funds between long and short traders; the platform does not charge this fee. It is used to adjust the cost or profit for traders holding contracts, keeping contract prices close to the underlying asset prices. When the funding rate is 0.01%, it indicates the baseline rate. A funding rate above 0.01% suggests a generally bullish market. Conversely, a funding rate below 0.005% indicates a generally bearish market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Falls to $66K as Trump Signals Further Escalation in Iran
Bitcoin prices fell below $67,000 on Thursday morning, dropping to $66,770 following Donald Trump’s latest update on the war with Iran.
“We are on track to complete all of America’s military objectives shortly, very shortly,” the President said at the White House on Wednesday. “We’re going to hit t
CryptoPotato21m ago
Genius Group taps Bitcoin reserve to service $8.5M debt
Genius Group, an AI-powered Bitcoin treasury and education company, disclosed in its first-quarter 2026 results that it has sold the remainder of its Bitcoin holdings to pay down debt. The move marks a notable shift for a company that had branded itself with a “Bitcoin first” strategy just over a
CryptoBreaking50m ago
Bitcoin traders keep chasing Trump’s Iran noise. The real signals are elsewhere.
The past four weeks have been brutal for bitcoin BTC$66,462.68 traders as prices keep chasing comments by President Donald Trump, who can't make up his mind about Iran.
One day, he talks peace and BTC and risk assets go up while oil drops, the next day he talks hawkish again, sending BTC down and o
CoinDesk54m ago
Stop fixating on Trump’s remarks? The real Bitcoin price movement signals are in the tanker rates and insurance premiums
Bitcoin is trading sideways near $66,000, influenced by remarks by Trump on the situation in Iran. The shipping and insurance costs in the Strait of Hormuz reflect elevated risk. It is expected that an expanding supply shortfall will continue to weigh on Bitcoin and other risk assets, and in the short term the market may still remain choppy.
GateNews1h ago
Moody’s Rates First Bitcoin-Backed Muni Bond in Landmark Move
_Moody’s assigns a Ba2 rating to a $100M Bitcoin-backed municipal bond in New Hampshire, marking a historic first for crypto in credit markets._
Moody’s has officially rated a Bitcoin-backed municipal bond for the first time.
The credit agency assigned a provisional Ba2 rating to a $100 million b
LiveBTCNews1h ago
