{"id":588415,"date":"2026-04-23T20:52:58","date_gmt":"2026-04-23T20:52:58","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/23\/bitcoin-enters-disbelief-phase-as-usdc-exchange-reserves-push-above-7-5b\/"},"modified":"2026-04-23T20:52:58","modified_gmt":"2026-04-23T20:52:58","slug":"bitcoin-enters-disbelief-phase-as-usdc-exchange-reserves-push-above-7-5b","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/23\/bitcoin-enters-disbelief-phase-as-usdc-exchange-reserves-push-above-7-5b\/","title":{"rendered":"Bitcoin enters disbelief phase as USDC exchange reserves push above $7.5B"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGJhODYtMDI0ZS03MzcwLWJmYzQtNjI3NjA0NjFkZWI2LmpwZw==.jpg\" alt=\"Bitcoin enters disbelief phase as USDC exchange reserves push above $7.5B\" class=\"type:primaryImage\" \/><\/p>\n<p>A negative Bitcoin funding rate and $7.5 billion in USDC reserves suggest traders may start positioning against the bearish trend. Will BTC price keep rising?<\/p>\n<p>Bitcoin (<a title=\"\/bitcoin-price\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\" target=\"_blank\" rel=\"nofollow noopener\">BTC<\/a>) has rallied 30% since its 2026 low of $60,000, and stablecoin balances on exchanges suggest the market has entered a disbelief phase, with roughly $7.5 billion in USDC on Binance highlighting readily deployable capital that traders could start positioning soon.<\/p>\n<p>Data show that derivatives market positioning has not kept pace with the bullish price trend. Crypto analyst Darkfost <a title=\"https:\/\/cryptoquant.com\/insights\/quicktake\/69e93cbb6aae2d16bb46ea3c-Bitcoin-enters-Disbelief-phase-as-Funding-Rates-stay-bearish\" href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/69e93cbb6aae2d16bb46ea3c-Bitcoin-enters-Disbelief-phase-as-Funding-Rates-stay-bearish\" target=\"_blank\" rel=\"nofollow noopener\">tracked<\/a> the 30-day cumulative funding rate, which aggregates funding over time to reveal sustained positioning. The metric stands near -4.5%, reflecting a prolonged bearish bias against the current move.<\/p>\n<p>The analyst explained that the negative funding creates conditions that incentivize traders to take the opposite side.<\/p>\n<p><a href=\"https:\/\/conpletus.cointelegraph.com\/news\/bitcoin-enters-disbelief-phase-as-usdc-exchange-reserves-push-above-dollar7-5b\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>A negative Bitcoin funding rate and $7.5 billion in USDC reserves suggest traders may start positioning against the bearish trend. Will BTC price keep rising? Bitcoin (BTC) has rallied 30% since its 2026 low of $60,000, and stablecoin balances on exchanges suggest the market has entered a disbelief phase, with roughly $7.5 billion in USDC [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-588415","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/588415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=588415"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/588415\/revisions"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=588415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=588415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=588415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}