Bitcoin Tops $50K, Ether, Other Altcoins Rise


According to Singapore-based crypto buying and selling agency QCP Capital, bitcoin’s common funding price, or the price of holding lengthy positions within the perpetual futures listed on exchanges standard amongst Chinese merchants, together with Huobi, OKEx and Bybit, recovered from damaging territory way more slowly than the funding price on different main exchanges comparable to Deribit. (Exchanges calculate funding charges each eight hours.)