NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

Bitcoin Funding Rates Turn Negative In Sentiment Reset

Keshav Verma
Keshav Verma
1 year ago
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Data shows following the crash, Bitcoin funding rates flipped to negative for the first time since September as market sentiment resets.

Bitcoin Funding Rates Turn Negative For The First Time Since Late September

As per the latest weekly report from Glassnode, market sentiment reset after the latest crash in BTC’s price as funding rates turned negative.

The “perpetual funding rate” is an indicator that measures the periodic fee that Bitcoin futures traders have to pay each other to keep their positions. This metric helps us know about which direction leveraged positions tend to.

When the indicator’s value is negative, it means short traders are currently paying long traders to hold on to their position. Such a trend may show that the market sentiment is bearish on the price of BTC.

On the other hand, if the metric’s value is positive, it means the market shares a majority bullish bias as long traders pay a premium to the short traders.

Now, here is a chart that shows the trend in the Bitcoin funding rates over the past six months:

Bitcoin Funding Rates

Looks like the funding rates dipped to negative recently | Source: The Glassnode Week Onchain (Week 49)

As you can see in the above graph, the funding rates have been positive for many months now, but following the crash they have turned negative.

Related Reading | Understanding Bitcoin UTXO: Mid-To-Long Term Holders Responsible For November Correction

The reason for this switch is that due to the crash, there was a cascade of long liquidations. This kind of situation can push the funding rates down and to the opposite side.

These long liquidations resulted in the open interest being flushed of $5.4 billion in futures contracts. And subsequently, the funding rates declined to around -0.035%.

While this is the first time since late September that the funding rates have turned negative, such highly negative values were only seen back in July.

Related Reading | Data Shows Bitcoin Short-Term Holders Have Started To Sell At A Loss

This flip to negative means that the Bitcoin market sentiment has now been reset.

BTC Price

At the time of writing, Bitcoin’s price floats around $51.3k, down 12% in the last seven days. Over the past month, the crypto has lost 16% in value.

The below chart shows the trend in the price of the crypto over the last five days.

Bitcoin Price Chart

BTC's price recovers a bit from the crash in the past 24 hours | Source: BTCUSD on TradingView

A few days back, Bitcoin’s price crashed down to $42k. Quickly after, it recovered a bit to higher levels, and then consolidated for a couple of days. In the past day, the coin has shown some recovery as it has once again broke above $51k.

Featured image from Unsplash.com, charts from TradingView.com, Glassnode
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin

Analyst Sets $5 Target For The Dogecoin Price If This Happens

Crypto analyst CryptoELITES has predicted that the Dogecoin price could reach $5, providing a bullish outlook for the foremost meme...

Scott Matherson 2 hours ago
Best Crypto To Invest In As Ethereum Eyes $5.5K Ahead Of $XRP ETF Launch.

Best Crypto To Invest In As Ethereum Eyes $5.5K Ahead Of $XRP ETF Launch

Ethereum ($ETH) is under the spotlight after Fundstrat’s Tom Lee reiterated his bullish stance, stating that $ETH could reach $5.5K...

Aaron Walker 3 hours ago
FalconX Adds To Solana Stash: $28.39M In SOL Pulled From Binance

FalconX Adds To Solana Stash: $28.39M In SOL Pulled From Binance

Solana is once again in the spotlight after surging past the $240 level, marking a strong recovery and renewed momentum...

Sebastian Villafuerte 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

MoneyGram Launches Stablecoin App to Reinvent Cross-Border Finance: Is Best Wallet Better?

MoneyGram Launches Stablecoin App to Reinvent Cross-Border Finance: Is Best Wallet Better?

Aaron Walker 52 minutes ago
hyperliquid hype hypeusd

Hyperliquid Hits New All-Time High: Will Momentum Push HYPE Into a Higher Range?

James Halver 1 hour ago

Ethereum potrebbe puntare ai 10.000 $: ecco perché tanti analisti sono ottimisti

Orfeo Barone 2 hours ago

Premium Sponsors

Press Releases

  • Биткойн отново на $117K след намаляване на лихвите – Отварят ли се вратите за покупки, докато Bitcoin Hyper ICO надхвърля $16,5M

    Биткойн отново на $117K след...

    1 hour ago
  • Етериум се насочва към 5 000 USD: 5...

    1 hour ago
  • Masívne pálenie tokenov pokračuje vo Wall Street Pepe

    Masívne pálenie tokenov pokračuje vo Wall Street Pepe...

    1 hour ago
  • ドージコイン 今後の価格予測:2021年以来の強気シグナル点灯、1ドル到達への300%上昇も視野に

    ドージコイン...

    2 hours ago
  • リップル 今後の価格動向:ETF承認で100ドル突破への道筋は開けるか

    リップル...

    2 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.