The Coinbase Bitcoin Premium Index has recorded a new milestone, remaining in negative territory for 62 consecutive days from May 19 to July 19. This marks the longest period of negative premium since the index's inception, surpassing the previous record of 40 consecutive days earlier this year. The latest index value stands at -0.0633%, according to Coinglass data. This extended negative streak exceeds the approximately 30-day negative period during the "1011 Crash."