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The Nexus
BUSINESSMay 12 · 02:42 UTCCOINTELEGRAPHCointelegraph by Marcel Pechman

Bitcoin funding rates turn positive: Is a BTC rally to $85K next?

Bitcoin's funding rate has turned positive as it held the $80,000 level, potentially triggering a rally to $85,000 with an uptick in spot ETF inflows. The cryptocurrency's positive funding rate indicates a bullish trend. Bitcoin's price movement is being closely watched by investors.

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