Bitcoin was pushing back up Monday after experiencing a price dip below $60,000 over the weekend, down from the all-time high near $67,000 reached last week.
As of press time the cryptocurrency was up 4% over the last 24 hours, trading around $62,900.
The drop in funding rates is the most notable indicator seen over the weekend, according to Matthew Dibb, chief operating officer at Stack Funds.
“This is extremely bullish given where we are,” said Dibb.
Funding rates across major exchanges…
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