Bitcoin funding rates on Binance turned negative amid rising political tensions between US President Donald Trump and Elon Musk.
The negative funding rate shift, from +0.003 to -0.004, was triggered by market fear following the public spat, leading to a BTC price drop.
Historical data suggests that previous instances of negative funding resulted in strong upward moves for Bitcoin, potentially hinting at a bullish reversal.
Despite differing viewpoints, large investors are accumulating BTC, with some predicting a surge to $130,000 by the end of Q3 2025, while others foresee a possible dip below $100,000 before a bullish trend resumes.