Bitcoin slips to $79,000, DOGE leads majors losses as negative funding rates set 10-year record

Bitcoin has dropped to $79,000, marking a significant decline in its value. Dogecoin (DOGE) has experienced the largest losses among major cryptocurrencies, contributing to a broader market downturn. Negative funding rates have reached a 10-year record, indicating a bearish sentiment among traders. This situation reflects growing concerns about market stability and investor confidence in the cryptocurrency sector.

Read the full article: CoinDesk

Read more