The Bitcoin market is experiencing a new wave of excitement! 🎉 According to the latest data from Matrixport, the Bitcoin funding rate has surged to 37%, reaching a new high since March 2024, indicating strong bullish sentiment in the market towards Bitcoin. Meanwhile, the futures open interest has also skyrocketed from $16 billion in September to $28 billion, reflecting heightened investor enthusiasm.

It is worth noting that Matrixport predicted in its October report that the year-end target for Bitcoin is $100,000. With rising market sentiment, this target may be achieved sooner than expected. Despite the uncertainties in the global market, Bitcoin seems to be ushering in a bright future! 🚀