ETH funding rate turns negative, but US macro conditions mute the buy signal

Crypto traders usually view negative funding rates as a buy signal, but this week’s volatility US earnings outcome may cloud the value of the signal for ETH investors.

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Next Bitcoin accumulation phase may hinge on credit stress timing: Data

Bitcoin’s volatility spiked, and its price plummeted to fresh lows as worrying US economic conditions emerged. Will credit stress data signal the next accumulation phase for BTC?

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Bitcoin loses $73K as US stocks sell off: Analyst says BTC price action is not ‘abnormal’

Bitcoin fell under $73,000 as futures liquidations soared and worries over this week’s US corporate earnings triggered a stock sell-off. Will traders finally step in to buy “discounted” BTC?

Read More at https://cointelegraph.com/news/bitcoin-loses-dollar73k-us-stocks-sell-off-analyst-says-btc-trading-is-normal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound