Bitcoin rally collapses at $97K as funding rate stalls, retail traders sit out
Bitcoin failed to hold $97,000 as its funding rate stalled and retail traders watched from the sidelines. Will TradFi reignite the rally to $100,000?
Key takeaways:
Retail traders remain sidelined despite BTC’s rebound, as low funding rates and muted interest point to fragile investor sentiment.
Institutional investors are buying the spot Bitcoin ETFs again and corporate buyers building BTC treasuries may help send BTC back to $100,000.
