Coinbase Bitcoin Premium Index Negative for 55 Consecutive Days, Setting a New Record

Odaily Planet Daily News The Coinbase Bitcoin Premium Index has been in negative territory for 55 consecutive days, from May 19 to the present, with the latest reading at -0.0072%. Previously, the index was negative for 40 consecutive days from January 16 to February 24 this year, setting the record for the longest consecutive negative premium since the indicator's launch, surpassing the approximately 30 consecutive days of negative premium during the "1011 crash."