Coinbase Bitcoin Premium Index Negative for 20 Consecutive Days, Latest at -0.0467%

Odaily Odaily reports that the Coinbase Bitcoin Premium Index has been in negative territory for 20 consecutive days, with the latest reading at -0.0467%. This index measures the deviation of the BTC price on Coinbase (a major compliant U.S. exchange) from the global average price. A sustained negative value indicates heavier selling pressure in the U.S. market, a decrease in risk appetite, capital outflows, or increased risk aversion. Historical data shows that a prolonged negative premium is often accompanied by institutional capital exiting the U.S. market, signaling potential short-term downside pressure.