₿ **As the bitcoin price rises, futures may look bearish, but they're not, analyst says**

Research firm 10x says the negative funding rates reflect structural hedging by institutions, not a broad bearish play.

🔗 https://www.coindesk.com/markets/2026/04/27/as-the-bitcoin-price-rises-futures-may-look-bearish-but-they-re-not-analyst-says

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