Bitcoin futures basis is a bullish indicator for the market, a | Bitcoin | Ethereum | Altcoin
Bitcoin futures basis is a bullish indicator for the market, analyst says
The bitcoin futures basis, the difference between the futures and spot price, has increased to levels not seen since the digital asset's previous all-time high of over $68,000 in late 2021. Strijers said that the disparity between the spot price of bitcoin and its futures price reflects the growing market momentum since the approval of ETFs in January and the expectations regarding the impact of the bitcoin halving.
