Bitcoin slips to $79,000, DOGE leads majors losses as negative funding rates set 10-year record

The story

Bitcoin pulled back from this week's $81,500 high after U.S. forces fired on Iranian targets, while crypto futures markets logged their 67th straight day of negative funding rates, the longest streak in a decade per K33 Research.

From the source

Bitcoin BTC $ 80,953.28 traded at $79,614 in Asian hours Friday, down 1.6% over 24 hours but still up 3.3% on the week, after pulling back from Wednesday high of $81,500 that was the highest print since late January.

Ether dropped 2% to $2,278, dogecoin slid 3.8% to $0.1063, XRP fell 1.7% to $1.38, and BNB shed 0.7% to $638. Solana and TRON held in green territory at $88.14 and $0.3474 respectively. Dogecoin is the only major coin in the red on the seven-day tape.

The pullback came as U.S. forces fired on Iranian targets after attacks on American naval destroyers transiting the Strait of Hormuz on Thursday, per reports .

Who and what

Key names and topics in this story: Bitcoin, DOGE.

Where to follow next

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