Bitcoin Price Surge Doesn't Deter Bearish Futures Outlook, but Analyst Attributes It to Institutional Hedging
The price of Bitcoin has surged by approximately 14% this month, marking its best monthly performance in a year. As a result, there is a growing consensus that the price will soon surpass $80,000, a level not seen since January. However, the perpetual futures market, which typically moves in tandem with spot price action, is behaving as if the opposite is true. Specifically, the funding rate, a m…
April 27, 2026, 2:37 p.m.