Short squeeze propels Bitcoin past $100,000 with funding rates growing

Bitcoin crossed $100,000 last week for the first time since February, powered by a rapid expansion in derivatives activity that set new records for open interest, funding rates, and short liquidations. The move unfolded within a market increasingly reliant on leveraged structures rather than spot-driven flows, setting up a potentially fragile foundation if momentum stalls. source: https://cryptoslate.com/short-squeeze-propels-bitcoin-past-100000-with-funding-rates-growing/