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Key takeaways:
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Bitcoin’s futures funding rates briefly turned negative, signaling that bullish traders currently lack the conviction to use leverage.
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Uncertainty regarding the long-term profitability of artificial intelligence has pushed investors toward gold and US government bonds.
Bitcoin (BTC) failed to reclaim the $70,000 level on Tuesday following a retraction in the S&P 500 futures. Traders are concerned that investments in the artificial intelligence sector could take longer to mature, which…
https://cointelegraph.com/news/bitcoin-stays-pinned-below-70k-as-btc-s-negative-funding-rate-flashes-warning-sign?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
