Coinbase Bitcoin Premium Index Remains in Negative Territory for 25 Consecutive Days, Only Two Days Positive Year-to-Date

Odaily News: According to Coinglass data, the Coinbase Bitcoin Premium Index has remained in negative territory for 25 consecutive days, currently reported at -0.0864%. Since the beginning of 2026, it has been positive on only two days: 0.011% on January 6 and 0.0023% on January 15.

The Coinbase Bitcoin Premium Index measures the difference between the Bitcoin price on Coinbase (a major US trading platform) and the global average price. This index serves as an important indicator for observing capital flows in the US market, institutional investment activity, and shifts in market sentiment. A positive premium indicates that the price on Coinbase is higher than the global average, typically suggesting: strong buying pressure in the US market, active participation from institutional or compliant capital, ample USD liquidity, and optimistic investment sentiment. A negative premium indicates that the price on Coinbase is lower than the global average, usually reflecting: greater selling pressure in the US market, declining investor risk appetite, rising market risk aversion, or capital outflows.