Crypto traders usually view negative funding rates as a buy signal, but this week’s volatility US earnings outcome may cloud the value of the signal for ETH investors.
Bitcoin’s volatility spiked, and its price plummeted to fresh lows as worrying US economic conditions emerged. Will credit stress data signal the next accumulation phase for BTC?
Bitcoin fell under $73,000 as futures liquidations soared and worries over this week’s US corporate earnings triggered a stock sell-off. Will traders finally step in to buy “discounted” BTC?