Falling Bitcoin-Ether Futures Spread Shows Rising Risk Appetite for Alts

Name: Falling Bitcoin-Ether Futures Spread Shows Rising Risk Appetite for Alts
Uploaded: 2024-02-28T19:47:01.875Z
Duration: 1 min 87 s
Description: The spread between bitcoin and ether perpetual funding rates recently collapsed to an annualized level of -9%, according to data tracked by Glassnode. The decline is a sign that investors are willing to pour money into smaller, risky altcoins, expecting to generate a large profit. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Feb 28, 2024

The spread between bitcoin and ether perpetual funding rates recently collapsed to an annualized level of -9%, according to data tracked by Glassnode.

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