Coinbase Bitcoin Premium Index Has Been Negative for 40 Consecutive Days, Indicating Weak Buying Momentum in the U.S. Market
Source:
www.coinglass.com
According to Coinglass data, the Coinbase Bitcoin premium index has remained negative for 40 consecutive days, most recently at -0.1569%. This indicator is generally regarded as an important reference for gauging the strength of Bitcoin demand in the U.S. market.