Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
The Bitcoin market is building positive sentiment, with the three-month annual basis increasing by more than 10% last weekend

The Bitcoin market is building positive sentiment, with the three-month annual basis increasing by more than 10% last weekend

Bitget2024/05/20 14:14

Golden Finance reported that Zerocap analysts said that Bitcoin’s three-month annualized basis surged to more than 10% over the weekend, indicating that the market is building positive sentiment. It is reported that the futures basis is the price difference between the spot price of a certain commodity or asset at a specific location and the price of a specific futures contract for the same commodity or asset. The size and change of the basis are very important to investors and traders. Important because it not only reflects the range of changes between spot prices and futures prices, but also affects the strategy and effect of hedging.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!