The following is from a recent issue of Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis delivered directly to your inbox, subscribe now.
Today we will cover the latest in the bitcoin derivatives market. At the time of writing, the bitcoin price is up about 8% from the previous day. Looking at derivatives data, the past two months have resulted in a periodically negative funding regime, showing the caution displayed by market participants during a period of macroeconomic uncertainty.