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Home › Crypto › Bitcoin bears face $2.6B trap as…
Crypto

Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?

CoinTelegraph Jun 5, 2026 2h ago ⏱ 1 min read 👁 3 views
Bitcoin bears face $2.6B trap as BTC funding rate drops: Is a short squeeze brewing?
Image via CoinTelegraph
📋 Article Summary
38 words
Bitcoin bears piled into short positions as BTC price slid to $60,000. Will the $2.6 billion in short leverage lead to an upside squeeze? This story was reported by CoinTelegraph. For more Crypto news in Kenya, stay tuned to Masaa.
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