Coinbase Bitcoin Premium Index remains negative for 20 consecutive days, latest at -0.0467%

Theo Odaily, 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 Coinbase (a major U.S. compliant platform) BTC price from the global average. Sustained negative values indicate heavier selling pressure in the U.S. market, declining risk appetite, capital outflows, or heightened risk aversion. Historical data shows that prolonged negative premiums often coincide with institutional capital leaving the U.S. market, warranting caution against short-term pullback pressure.