Perpetual funding rates are indicating a bullish sentiment for top altcoins such as XRP, TRX, and DOGE, with XRP leading the way showing a strong demand for leveraged positions. Bitcoin's price remains flat as it enters its historically weak third quarter. Analysts expect market movement soon due to significant economic events on the calendar, including the FED's announcements and nonfarm payrolls data. Currently, XRP holds the highest annualized funding rate at nearly 11%, followed by TRX at 10% and DOGE at 8.4%. Notably, privacy-focused Monero has shown over 23% funding rate while Stellar's XLM is signaling a bearish outlook. Since 2013, Bitcoin has averaged only 5.57% gains during the third quarter, notably lower than the 85% average gains in the fourth quarter.

Source đź”—