Bitcoin Funding Hits a Monthly Low as Consolidation Continues
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Nov 6
Bitcoin’s ranging market continues because the leading cryptocurrency has not gotten the momentum needed to go back to the all-time high (ATH) levels of $66,900 witnessed recently. BTC was hovering around $62,212 during intraday trading, according to CoinMarketCap. This consolidation has been partly prompted by funding rates hitting a monthly low. On the other hand, Santiment believes the current situation in the Bitcoin market is because investors are not yet salivating to buy the dip opport...
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