CEX and DEX Funding Rates Turn Bearish as Bitcoin Retreats to $90,000

Funding rates across major centralized and decentralized exchanges turned bearish on Jan. 9 as Bitcoin pulled back to the $90,000 level, Coinglass data cited by BlockBeats show. The shift affected both Bitcoin and altcoins, with rates below 0.005% signaling bearish sentiment, compared to above 0.01% for bullish conditions.