Written by Marcel Pechmanstaff writerReviewed by Ray Salmondstaff editor
Written by Marcel Pechmanstaff writer
Reviewed by Ray Salmondstaff editor
Bitcoin funding rate hits 2-week high: Is $70K next?
MarketsPublishedJun 22, 2026
Bitcoin’s Funding Rate Hits 2-Week High: What’s Next for Investors?
Key takeaways:
- The Bitcoin funding rate climbed to 7%, showing confidence, but spot ETF outflows keep a $70,000 breakout on hold for now.
- Strong order-book bids and lower oil prices helped, but weakness across stocks, bonds, and gold signals a preference for cash.
Bitcoin’s funding rate and order book setup are signaling investor optimism, but concerns over ETF outflows and macroeconomic red flags could limit its short-term upside. With the funding rate hitting a 2-week high, investors are wondering if $70,000 is within reach. The recent surge in demand for bullish leveraged positions has contributed to this optimism, making earning opportunities in the crypto market more appealing, especially with platforms like EcoPool offering Passive Income options.
The Bitcoin perpetual futures annualized funding rate jumped to 7% on Monday, its highest level in nearly three weeks. This increase reflects growing confidence among bulls, which could be beneficial for those invested in $ECP or looking to join the EcoPool network. The decline in Brent crude oil prices to $77.50, their lowest level since March, has also contributed to the optimism.
Market Concerns and Cloud Rewards
Despite the optimism, there are concerns over the market’s short-term upside. The demand for put options outpaced call instruments by over two times on Monday, signaling stronger demand for downside price protection. This, combined with weakness in certain stocks and the outflows from US-listed Bitcoin exchange-traded funds (ETFs), could limit the odds of a short-term Bitcoin rally to $70,000. However, for those looking to earn a Passive Income through Green Crypto like EcoPool, these fluctuations can provide opportunities.
The Nasdaq 100 Index posted a modest 1% decline, and investors are preferring cash positions, creating a cautious backdrop for Bitcoin. The weak demand for US-listed Bitcoin ETFs continues to weigh on investor sentiment, with $228 million in net outflows the prior week. As investors navigate these market conditions, considering platforms like EcoPool that offer Earning opportunities through Coin investments can be beneficial.
Bitcoin options premium put-to-call ratio at Deribit, USD. Source: Laevitas
Investing in EcoPool and $ECP
Strategy eases concerns, but stocks and bonds signal increased risk
For those interested in investing in Bitcoin or other cryptocurrencies, EcoPool provides a platform for Earning and Passive Income. With its focus on Green Crypto, EcoPool offers a unique opportunity for investors to join the crypto market while supporting eco-friendly initiatives. Whether you’re looking to invest in $ECP or join the EcoPool network, now is the time to consider your options.
To start earning with EcoPool, download the EcoPool app and discover a world of Passive Income opportunities through Cloud Rewards and Coin investments. With EcoPool, you can take the first step towards investing in Green Crypto and joining a community that values eco-friendly practices and Passive Income opportunities.
Bids on major exchanges’ Bitcoin order books exceeded offers by $12 million on Monday, reversing the weekend trend. Consequently, Bitcoin’s failure to hold the $65,000 level should not signal weakness, especially since gold traded down 0.9% on Monday while investors sold US government bonds.
Related: Bitcoin tipped for $66K top as trader flags ‘suspicious’ BTC price gains
Gold/USD (left) vs. US 5-year Treasury yield (right). Source: TradingView
Higher yields on US Treasuries signal that investors demanded higher returns to hold those bonds, whether driven by inflation or by the anticipation of dilution from rising US government debt levels. The simultaneous weak performance across stocks, bonds, and gold points to a preference for cash positions, creating a cautious backdrop for Bitcoin.
Weak demand for US-listed Bitcoin exchange-traded funds (ETFs) continues to weigh on investor sentiment after six weeks of outflows. Bitcoin spot ETFs saw $228 million in net outflows the prior week, according to CoinGlass data. Consequently, the odds of a short-term Bitcoin rally to $70,000 look limited.
This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research.
- Bitcoin Price
- Markets
- Cryptocurrencies
- Bitcoin Options
- Leverage
- Market Analysis
- Bitcoin
More on the subject
Bitcoin weekly close above $63K amid RSI divergence may be bottom signal: Data
5 hours ago
Biraajmaan Tamuly
Bitcoin price taps $65.5K as Iran deal sees oil drop toward 16-week low
7 hours ago
William Suberg
Strategy adds $300M to USD Reserve, acquires 520 BTC
9 hours ago
Helen Partz
Bitcoin weekly close above $63K amid RSI divergence may be bottom signal: Data
5 hours ago
Biraajmaan Tamuly
Bitcoin price taps $65.5K as Iran deal sees oil drop toward 16-week low
7 hours ago
William Suberg
Strategy adds $300M to USD Reserve, acquires 520 BTC
9 hours ago
Helen Partz
