Bitcoin price finally broke past the week-long correction phase to rise above $53,000, registering an 8% rise for the day. Bitcoin price registered over a 20% correction falling to $47,159. The last price correction was attributed to the highly leveraged futures market as funding rates skyrocketed leading to the liquidation of over $4 billion in The post BTC Surges Above $53K as Funding Rates Cool Down; Can 77K Bitcoin Option Expiry Bring Back Price Volatility appeared first on Coingape.