BTC Funding Rates Turn Neutral on Major Exchanges After $90,000 Move; Ethereum and Altcoins Remain Negative

Bitcoin funding rates returned to neutral levels on major centralized and decentralized exchanges on Dec. 22 after the token moved above $90,000, Coinglass data show. BTC pairs on Binance, OKX, Bybit and Bitget all showed neutral funding, while Ethereum and other altcoins continued to display large negative funding rates.