Data: The Coinbase Bitcoin Premium Index has been in negative territory for 20 consecutive days, currently at -0.0413%.
TL;DR
The Coinbase Bitcoin Premium Index has remained negative for 20 days, currently at -0.0413%, indicating selling pressure and risk aversion in the US market compared to global averages.
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[Data: Coinbase Bitcoin Premium Index Has Been Negative for 20 Consecutive Days, Currently at -0.0413%] According to Mars Finance, Coinglass data shows that the Coinbase Bitcoin Premium Index has been negative for 20 consecutive days, currently at -0.0413%. The Coinbase Bitcoin Premium Index measures the difference between the price of Bitcoin on Coinbase (a major US trading platform) and the average price in the global market. This index is an important indicator for observing the flow of funds in the US market, the enthusiasm of institutional investors, and changes in market sentiment. A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the US market, active entry of institutional or compliant funds, ample dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which usually reflects: significant selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflow.