Market sentiment in the cryptocurrency sector has shifted to bearish, as indicated by declining funding rates on major centralized and decentralized exchanges. Data from Coinglass, reported on November 11, highlights a return to widespread bearish sentiment following recent price rebounds. Traders are showing renewed pessimism towards both altcoins and major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).
Crypto Market Sentiment Turns Bearish as Funding Rates Decline
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