Bitcoin Holds Above $80K While Altcoins Push Toward Critical $200 Billion Level
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Bitcoin funding rates on major CEXs turned negative again as BTC trades near the $81,000 resistance zone, indicating short buildup and potential downside pressure. Altcoin market cap excluding the top 10 is testing a critical $200B breakout while Bitcoin dominance remains above 61%, limiting broader altcoin momentum in the crypto market.
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- Bitcoin funding rates turned negative again as BTC trades near the $81K resistance zone.
- Altcoin market cap, excluding top 10 assets, is testing a major breakout level near $200B.
- Bitcoin dominance remains above 61%, keeping broader altcoin momentum limited for now.
Bitcoin funding rates have turned negative again while the price trades near the $81,000 resistance zone. At the same time, the crypto market cap excluding the top 10 assets is pushing against a major ceiling of $200 billion.
Traders now watch for the same setup that appeared during earlier rotation phases in crypto. Bitcoin stays firm, short positions build up, and altcoins start to stabilize after months of heavy downside.
Negative Funding Rates Return
Data shared by CryptoJack shows funding rates across major exchanges turning negative again for Bitcoin. Funding rates stay negative when short s…
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