Home Cryptocurrency Ether Falls despite expectations of a merger; Bitcoin Rises, Investors Await Inflation Data

Ether Falls despite expectations of a merger; Bitcoin Rises, Investors Await Inflation Data

by SuperiorInvest

The ETH funding rate was positive every day between May 1st and August 14th, and negative every day but five since then. According to data from the FTX exchange, the 30-day average annualized funding rate for ETH is -12.16%, while the 90-day average annualized funding rate is currently -5.65%. In comparison, ETH’s total funding rate is 13.03%.

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