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Bitcoin Market Sentiment Is Most Bullish in 14 Months With US Jobs Report Due

The cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021.

By Omkar Godbole

Updated Feb 3, 2023, 3:56 p.m. Published Feb 3, 2023, 10:01 a.m.

The difference between prices in perpetual futures and the spot market has flipped positive in a sign of renewed bullish sentiment. (Glassnode)