Why trust?
A strict editorial policy that emphasizes accuracy, relevancy, and impartiality
Expertly crafted by experts in the industry and thoroughly reviewed
Highest standards of reporting and publication
Editorial policy focusing on accuracy, relevance and impartiality
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
After political tensions intensified between US president Donald Trump and Elon Musk yesterday, Binance experienced a rapid shift in the market’s sentiment. Within hours, Binance saw its funding rate flip from positive to negatively.
Bitcoin funding rates turn negative on Binance
Darkfost wrote a CryptoQuant post titled Quicktake, which stated that the BTC financing rates at Binance had once again slid downwards, while the leading cryptocurrency continued to trade well above $100,000 as of the date this article was written.
Related Reading
Analysts attributed this to the sudden reversal in funding – from +0.003 to -0.004 – to the public spat between Trump and Musk on social media. The rapid change reflects a growing level of fear on the part of market participants in light of increased uncertainty.
According to CoinGecko, BTC dropped from a mid-$100,000.00 range down to $100.984. In the last two weeks the value of the asset fell by 4.1%.
Investors may be able to take advantage of the current price dip. A strong Bitcoin rebound could lead to increased buying pressure and a surge in BTC prices.
Darkfost noted that during this current market cycle, BTC has experienced such negative funding in three different instances. Each of these cases was followed by an upward movement in cryptocurrency.
On October 16, 2023 for example, BTC fell into negative territory of funding before bouncing back from $28,000 up to $73,000. On September 9, 2024 the same pattern was repeated, with BTC rising from $57,000 up to $108,000.
On May 2, 2025 BTC rose from $97,000 up to an all-time (ATH) high of $112,000, the most recent example. In the near future, if the past repeats itself, the BTC market might see a brand new ATH. Darkfost noted:
Such extreme readings can be a reflection of the maximum level of pessimism. They are the exact type of feelings that may precede a powerful bullish turnaround once the negative sentiments of the moment have passed.
BTC exposure increases for large investors
Meanwhile, Bitcoin whales – wallets holding large amounts of BTC – continue to accumulate at a rapid pace. New whales are notable. acquired BTC is worth $63 Billion, a reflection of the strong belief in its near-term prospects.
Related Reading
QCR Capital’s recent research confirms this positive outlook. indicates Investors expect BTC’s price to reach $130,000 as early as Q3 of 2025. The realized cap of long-term investors has also increased. surpassed $20 billion, reinforcing positive sentiment.
Some analysts caution against this. expecting BTC will crash under $100,000, before it resumes its upward momentum. BTC was trading at $104,069 as of press time. This is down by 0.5% from the previous 24 hours.
Charts from TradingView.com and CryptoQuant.com.
“This article is not financial advice.”
“Always do your own research before making any type of investment.”
“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”
Source: www.newsbtc.com
