Bitcoin Tops $50Okay, Ether, Other Altcoins Rise

According to Singapore-based crypto buying and merchandising agency QCP Capital, bitcoin's common funding charge, or the price of holding prolonged positions inside the perpetual futures listed on exchanges fashionable amongst Chinese merchants, together with Huobi, OKEx and Bybit, recovered from prejudicial territory far more slowly than the funding charge on different main exchanges similar to Deribit. (Exchanges calculate funding charges each eight hours.)