Bitcoin and Ethereum Post Declines as Major CEX Funding Rates Signal Bearish Sentiment on May 26

According to BlockBeats, on May 26, Bitcoin traded at $76,648.30 with a 24-hour decline of 0.57%, while Ethereum fell to $2,091.45, down 0.63% in the same period. Funding rates across major centralized exchanges show both assets in bearish territory, with Bitcoin recording negative rates on some platforms and signaling a lack of bullish momentum, while Ethereum's funding rates fell universally below the 0.005% threshold, reflecting stronger and more consistent bearish sentiment.

The data indicates diminished demand for long positions in both assets, with Ethereum showing more pronounced downward pressure than Bitcoin across trading platforms.