Bitcoin’s Coinbase premium fell to a four-week low, with the discount widening to about $50 as the price retreated toward $75,000, signaling weaker U.S. market demand. CryptoQuant’s Coinbase Premium Index stood near -0.07% on Tuesday, deepening from -0.02% on Monday after the Clarity Act failed to pass. The move reversed the positive premium trend seen from late August to early September. The broader macro backdrop also tightened, with the Federal Reserve expected to announce a 25-basis-point rate hike on Wednesday, Brent crude holding near $108, and the U.S. 10-year Treasury yield breaking above 5%. Higher yields, elevated oil prices and regulatory uncertainty created headwinds for risk assets including Bitcoin.