Analysis: Bitcoin’s ‘Coinbase Premium’ Weakens, Suggesting Lack of Interest from U.S. Investors

Odaily News CryptoQuant data shows that BTC is trading at a slight discount on Coinbase compared to Binance, and the "Coinbase premium" remains low, indicating a lack of interest and low demand from US investors. The Coinbase premium indicator mainly measures the price difference between Bitcoin on Coinbase and Binance. From November to December 2024, Bitcoin soared from US$70,000 to over US$108,000, mainly driven by US investors, as can be seen from the continued premium of Coinbase during this period. Despite expectations of major positive developments in the United States, similar bullish pricing has not yet appeared on Coinbase at this stage, and domestic traders are expected to wait to see whether Trump will deliver on his promises. (Coindesk)