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.