Ethereum Perpetual Futures Funding Rate Surges to 18%, Signaling Bullish Market Sentiment Ahead of U.S. Elections

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7 months ago bitnews

Ethereum Perpetual Futures Funding Rate Surges to 18%, Signaling Bullish Market Sentiment Ahead of U.S. Elections The cryptocurrency market is witnessing a significant shift in sentiment as the funding rate for Ethereum (ETH) perpetual futures has surged to an annualized rate of over 18%, marking the highest level since May. Reported by Crypto service provider