Bitcoin funding rates reach lowest point since 2023, Frank Chaparro notes

Bitcoin funding rates reach lowest point since 2023, Frank Chaparro notes
Bitcoin funding rates hit new lows

Bitcoin funding rates have dropped to their lowest levels since 2023, according to Frank Chaparro, citing data from CoinDesk and Glassnode. This latest decline indicates a shift in sentiment among derivatives traders and may signal changing expectations for BTC price movement.

Chaparro's update points to a notable change in the derivatives market, as funding rates are often used as a gauge of market positioning.

Chaparro recently highlighted Citigroup's search for a senior executive to combine AI and blockchain tokenization efforts in its wealth division, according to a current job posting. He also reported that Kalshi reached a $22 billion valuation following ICE's $600 million commitment to Polymarket, signaling activity in the prediction market space as detailed in a recent update. These developments come as attention remains focused on technology and market structure within digital assets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.