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Bitcoin funding rates turn negative amid rising inflation and rate hike fears, signaling bearish market sentiment.

Market News
16 Oct 2026
AMBCrypto
View Source
Neutral
Bitcoin funding rates turn negative amid rising inflation and rate hike fears, signaling bearish market sentiment.

Bitcoin's funding rates on Binance turned negative recently, reflecting a bearish market stance driven by rising inflation and increased odds of a Federal Reserve rate hike. Inflation data showed an acceleration to 3.7% year-on-year in September, higher than expected, which contributed to Bitcoin's price correction toward $80,000. Despite the price drop, open interest in Bitcoin derivatives rose, indicating increased leverage use and risk for long positions. The Delta Growth Rate metric, while still negative, has improved recently, suggesting potential for a market recovery if buyers return.

Bitcoin price prediction is the subject, with Pluang market data providing context as of Oct 17, 2026 02:41 WIB. For readers following major cryptocurrencies, 10 out of 50 rose and 39 fell today on Pluang. Notable movers include ZIL (Zilliqa) at Rp46 with a 1-day change of -23.21% and 100% buy order activity, BAL (Balancer) at Rp16.297 with +11.14%, and EOS (EOS.IO) at Rp12.649 with +8.13%.

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