Good morning. Here’s what’s happening:

Prices: Bitcoin tossed and turned above and below $24K before settling over the threshold.

Insights: Bitcoin funding rates have been positive for 10 consecutive days. Why should investors care?

Prices

CoinDesk Market Index (CMI) 1,118 −2.1 ▼ 0.2 Bitcoin (BTC) $24,052 −101.1 ▼ 0.4 Ethereum (ETH) $1,659 +17.7 ▲ 1.1 S&P 500 4,012.32 +21.3 ▲ 0.5 Gold $1,832 +0.2 ▲ 0.0 Nikkei 225 27,104.32 −368.8 ▼ 1.3 BTC/ETH prices per CoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)