Coinbase's Bitcoin Premium Index has remained positive for 18 consecutive days, currently standing at 0.0336%, according to Coinglass data. This marks a significant shift from a previous 15-day streak of negative premiums, indicating a recovery in buying sentiment within the U.S. market.
The Coinbase Bitcoin Premium Index measures the price difference between Bitcoin on Coinbase and the global market average. A positive premium suggests higher demand in the U.S., driven by institutional interest and ample liquidity, reflecting optimistic investor sentiment.
Coinbase Bitcoin Premium Index Positive for 18 Days, Signaling U.S. Market Recovery
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