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Bitcoin funding rates hit historic lows despite price rebound above $81,000, signaling market caution.

Market News
06 May 2026
Finbold
View Source
Bullish
Bitcoin funding rates hit historic lows despite price rebound above $81,000, signaling market caution.

Bitcoin's funding rates, which help align perpetual contract prices with the underlying asset, have dropped to historic lows even as Bitcoin's price rebounded above $81,000. This negative funding rate indicates traders are paying to maintain short positions, reflecting skepticism despite the price rally. The surge in Bitcoin's open interest to $64 billion and significant short liquidations suggest a short squeeze is fueling the recent price rise. However, if spot demand weakens against derivative selling pressure, Bitcoin could face a price reversal and continue its macro bear market trend.

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IDEAYA Biosciences promotes Dr. Michael White to President of R&D to advance precision oncology pipeline.

IDEAYA Biosciences promotes Dr. Michael White to President of R&D to advance precision oncology pipeline.

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Infrastructure Capital raises monthly distributions for QVOL, SCAP, ICAP, and BNDS ETFs.

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WELLSTAR gets conditional TSXV approval, plans trading start Oct 1, 2026 under ticker WSTR

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Wallet transfers $130M to Binance in three transactions over four days, latest $30M deposit on Sept. 28.

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Hedera (HBAR) jumps 18.42% in four hours, hitting $0.1149 amid strong market activity.

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