Bitcoin’s Futures funding rate has reached 0.035%, its highest since December. This surge aligns with Bitcoin hitting 109,000 USD, reflecting bullish sentiment among traders.
Accumulation trends and increasing long positions suggest further growth potential. Long-Term Holder Net Unrealized Profit/Loss surpassing 0.75 indicates market euphoria.
Rapid gains in cryptocurrencies are linked to speculation on regulatory shifts tied to Trump’s inauguration, alongside positive forecasts for Bitcoin’s performance over the coming month.
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