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Crypto • 2026-04-16 10:46

Bitcoin Struggles Below $75K as Funding Rates Hit Most Negative Since 2023

Bitcoin failed to break above $74,000 and retreated after another failed rally attempt, while trading near $75,000 with short-term holders watching for profit opportunities. CryptoQuant notes Bitcoin is testing a resistance level that capped its January rally. Funding rates have turned their most negative since 2023, a signal some analysts historically associate with market bottoms.

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