Coinbase Bitcoin Premium Index has been negative for 7 consecutive days, latest reading at -0.0205%

Odaily News: The Coinbase Bitcoin Premium Index has been negative for 7 consecutive days, with the latest reading at -0.0205%. Previously, on August 24, the index turned positive for the first time since May 19, reaching 0.0052%, briefly ending a record-long 97-day streak of negative premium. This index measures the Bitcoin price spread between Coinbase Pro and Binance.