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$BTC price pump 10.70%, Matrixport released a report stating that BTC funding rate soared, bullish momentum is strong
Gate News: Matrixport releases daily chart report, pointing out that the BTC funding rate has soared to 37%, reaching the highest level since March 2024, showing a generally bullish sentiment in the market. Futures open interest has also risen significantly from $16 billion in September to $28 billion. With Trump's inauguration ceremony scheduled for January 20, 2025, the market has ample time to maintain this bullish momentum. Matrixport previously predicted a year-end target of $100,000 in the October edition of 'Matrix on Target,' and this milestone may be achieved ahead of schedule.
gate data shows, $BTC price pump 10.70% in 24 hours, current price $89,591.8, Market Cap $1.77T, 24-hour volume is $1.37B