Bitcoin futures premium hits 8-month high — Will the BTC rally continue?

Bitcoin futures trade with a 20% annualized premium, levels not seen since March. Will the BTC rally continue?

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  • bitcoinBitcoin(BTC)$117,918.00-0.27%
  • ethereumEthereum(ETH)$3,658.482.32%
  • rippleXRP(XRP)$3.42-0.56%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$742.581.24%
  • solanaSolana(SOL)$177.420.37%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.251443-0.07%
  • staked-etherLido Staked Ether(STETH)$3,653.222.36%
  • cardanoCardano(ADA)$0.841.68%
  • bitcoinBitcoin(BTC)$117,918.00-0.27%
  • ethereumEthereum(ETH)$3,658.482.32%
  • rippleXRP(XRP)$3.42-0.56%
  • tetherTether(USDT)$1.00-0.02%
  • binancecoinBNB(BNB)$742.581.24%
  • solanaSolana(SOL)$177.420.37%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.251443-0.07%
  • staked-etherLido Staked Ether(STETH)$3,653.222.36%
  • cardanoCardano(ADA)$0.841.68%