IntoTheBlock: BTC and ETH perpetual swap funding rates hit yearly highs
By:Cointime
IntoTheBlock stated in a post on X platform that the financing rates for perpetual BTC and ETH contracts have reached a new high for the year, indicating that the market may be overheated. Although this is not a direct predictor of price decline, the sustained high rates suggest that investors need to be cautious.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Bitcoin
BTC
$95,521.46
-2.25%
Ethereum
ETH
$3,298.39
-2.52%
Tether USDt
USDT
$0.9996
-0.04%
BNB
BNB
$928.12
-1.91%
XRP
XRP
$2.07
-4.09%
Solana
SOL
$141.62
-3.91%
USDC
USDC
$0.9997
-0.02%
TRON
TRX
$0.3098
+2.22%
Dogecoin
DOGE
$0.1401
-5.85%
Cardano
ADA
$0.3931
-5.61%
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