Bitcoin & Ethereum Diverge: Longs Dominate BTC, While ETH Shorts Rise

Data shows Bitcoin and Ethereum have formed a divergence in the Funding Rate indicator, with traders going long on BTC, short on ETH.
Bitcoin & Ethereum Funding Rates Are Showing Opposite Values
In a new post on X, on-chain analytics firm Santiment has talked about how the Funding Rate has developed for Bitcoin and Ethereum amid the latest market volatility.Bitcoin and other cryptocurrencies saw some sudden price swings during the past day, with BTC’s price first rallying to $90,300 in