#BTCReclaims101K
Stability Amidst Volatility
Despite significant market fluctuations, the recent price surge of Bitcoin is accompanied by a surprising level of market stability. Charles Edwards, founder of Capriole Investments, notes that the funding rate remains below normal levels, leverage has decreased, and institutional ETFs continue to see substantial inflows.
According to CoinGlass, the liquidation of leveraged positions due to recent market volatility has created a more balanced environment, with $270 million in cryptocurrency liquidated in the past 24 hours.