Bitcoin Funding Rates Surge 20% On Major Exchanges — What’s Happening?

The price of Bitcoin picked up this week from where it left off in the previous week, forging successive all-time highs in the past seven-day span. Over the last few days, the big question on everyone’s mind has been — when will the premier cryptocurrency surpass the $100,000 level?
While most investors are worried about a short-term target, some market participants are more concerned about the long-term prospects of the world’s largest cryptocurrency. According to the latest o