Coinbase Bitcoin Premium Index Turns Negative Again Just One Day After Turning Positive, Selling Pressure Rebounds in US Market

Odaily News According to Coinglass data, the Coinbase Bitcoin Premium Index turned positive yesterday after 22 days, but this positive state lasted only one day before turning negative again, currently reported at -0.0277%. 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. A negative premium typically reflects greater selling pressure in the US market, declining investor risk appetite, rising market risk aversion, or capital outflows.