Bitcoin Price Surge Doesn't Deter Futures Market, Analyst Attributes Negative Funding Rates to Institutional Hedging
The bitcoin price has surged roughly 14% this month, marking its best monthly performance in a year, with many anticipating it will soon surpass $80,000, a level not seen since January. However, the perpetual futures market, typically in sync with spot price action, is behaving differently. The funding rate, which indicates the market's sentiment, is currently below zero. According to 10x Researc…
April 27, 2026, 2:37 p.m.