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Coinbase Bitcoin Premium Index has remained in negative premium territory for 19 consecutive days, currently at -0.0401%.

Source: www.coinglass.com
According to Coinglass data, the Coinbase Bitcoin premium index has remained in negative territory for 19 consecutive days, currently standing at -0.0401%. The Coinbase Bitcoin premium index measures the difference between Bitcoin’s price on Coinbase—the U.S.’s mainstream exchange—and the global market average price. A negative premium typically reflects stronger selling pressure in the U.S. market, declining investor risk appetite, heightened market risk-aversion sentiment, or capital outflows.

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