Coinbase's Bitcoin Premium Index has remained positive for 12 consecutive days, currently standing at 0.04%, according to Coinglass data. This marks a significant shift in market sentiment, following a previous streak of 15 days with a negative premium. The index, which measures the price difference between Bitcoin on Coinbase and the global market average, is a key indicator of U.S. market dynamics. A positive premium suggests that Bitcoin's price on Coinbase is higher than the global average, indicating strong buying demand and potential institutional interest in the U.S. market. This trend reflects a recovery in investor sentiment and increased capital inflows, contrasting with the earlier period of negative premium that suggested selling pressure and risk aversion.