Bitcoin Sees High Open Interest, Low Funding Rates In New Short Squeeze Cue

Bitcoin (BTC) is due a classic “short squeeze” as open interest hits five-week highs, says new analysis. Key points: Bitcoin is seeing a combination of rising open interest and negative funding rates. The result could punish short positions, with funding rates at the most negative since early February. Large-scale Bitcoin speculators are net long BTC…

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BTC, ETH, XRP fall as U.S., Iran negotiators fail to reach war resolution

Bitcoin BTC$71,867.03 and other major cryptocurrencies all fell around 2% late Saturday evening U.S. hours after Vice President J.D. Vance announced that U.S. and Iranian negotiators had failed to agree to an extended ceasefire. The parties met in Pakistan Saturday to negotiate an agreement after the U.S.’s nearly six-week long campaign against Iran. Vance said…

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