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Bitcoin Funding Rate Enters Deep Red On Binance — Short Squeeze Soon?

Bitcoinist LogoBitcoinist20h ago

Bitcoin Funding Rate Enters Deep Red On Binance — Short Squeeze Soon? - Bitcoinist

Quick Summary:

The price of Bitcoin was somewhat slow in the last days of April before bursting to life again to begin the new month of May.

The premier cryptocurrency has since made a return near $98,000, flirting with the highly coveted $100,000 level to kick off the weekend.

The on-chain analyst then correlated the selling pressure to fear amongst market participants rather than “fundamental weakness.

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Bitcoin Funding Rate Enters Deep Red On Binance — Short Squeeze Soon? - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 20:00:21 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28340698

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 9 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions

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The story "Bitcoin Funding Rate Enters Deep Red On Binance — Short Squeeze Soon?" has 430 words across 33 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Bitcoin Funding Rate Enters Deep Red On Binance — Short Squeeze Soon?" was covered 20 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 9 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #28340698
  • URL: https://tessjds.beamstart.com/news/bitcoin-funding-rate-enters-deep-17463029517469

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