Coinbase Bitcoin Premium Index Remains in Negative Territory for Ten Consecutive Days, Only Two Positive Days Year-to-Date

According to Coinglass data, the Coinbase Bitcoin Premium Index has remained in negative territory for 10 consecutive days, currently reported at -0.1605%. Year-to-date, there have been only two days with positive values (January 6th and January 15th). This index is used to measure 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.