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Why rising perpetual funding rates signal growing bullish leverage as bitcoin crosses $86,500

coindesk
coindesk|Oct 02, 2026 09:15
Rising open interest and funding rates signal renewed demand for bullish bitcoin exposure.
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Oct 02, 10:32Bitcoin dominance is approaching 60%
Oct 02, 10:28Bitcoin tests highs, leveraged positions surge
Oct 02, 10:17Bitcoin breaks out of consolidation range to $86,913.
Oct 02, 10:15Bitcoin rises to the highest since September 23.
Oct 02, 10:12Bitcoin's current surge is driven by capital flow.
Oct 02, 10:03Bitcoin breaks through $85K
Oct 02, 10:02The cost of default protection for France has reached a multi-year high.
Oct 02, 10:01BTC broke out of the range to $86.9k, reaching the highest point since September 23.
Oct 02, 09:38Bitcoin's UPTOBER performance since 2010
Oct 02, 09:18Market sentiment is bullish but caution is needed for a pullback

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