Ether Falls Despite Merge Anticipation; Bitcoin Climbs as Investors Await Inflation Data

Ether Falls Despite Merge Anticipation; Bitcoin Climbs as Investors Await Inflation Data

ETH funding rates were positive each day between May 1 and Aug.14, and negative for every day but five since then. According to data from the FTX exchange, the average annualized 30-day funding rate for ETH is -12.16%, while the average annualized funding rate over 90 days is currently -5.65%. By comparison, ETH’s all-time funding rate is 13.03%.

Originally Posted on: https://www.coindesk.com/markets/2022/09/12/market-wrap-ether-falls-despite-merge-anticipation-bitcoin-climbs-as-investors-await-inflation-data/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Glenn Williams, Jocelyn Yang

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