Coinbase Bitcoin Premium Index has been in negative premium for 20 consecutive days, currently reported at -0.0413%
Odaily News According to Coinglass data, the Coinbase Bitcoin Premium Index has been in negative premium for 20 consecutive days, currently reported at -0.0413%.
The Coinbase Bitcoin Premium Index measures the difference between the Bitcoin price on Coinbase (a major US trading platform) and the global average market price. This index is a crucial indicator for observing capital flows in the US market, the intensity of institutional investment, and shifts in market sentiment.
A positive premium indicates that the Coinbase price is higher than the global average, typically signifying: strong buying pressure in the US market, active participation by institutional or compliant capital, ample US dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average, usually reflecting: significant selling pressure in the US market, declining investor risk appetite, rising market risk aversion, or capital outflows.
