Coinbase Bitcoin premium index remains negative for 95 consecutive days, setting a new all-time record

Odaily News: The Coinbase Bitcoin premium index has narrowed its negative premium to -0.0221%, but remains in negative territory. Data shows that from May 19 to August 21, this metric has remained in negative premium territory for 95 consecutive days, setting the longest consecutive negative premium record since its launch. The previous record was 40 consecutive days from January 16 to February 24 this year; during last year's "1011 crash," the negative premium lasted approximately 30 consecutive days. This index is used to measure the Bitcoin price difference between Coinbase Pro and Binance.