BlockBeats news, December 24, according to Coinglass data, the Coinbase Bitcoin premium index has been in negative premium for 10 consecutive days, currently reported at -0.0648%.
BlockBeats note: The Coinbase Bitcoin premium index measures the difference between the Bitcoin price on Coinbase (a mainstream U.S. trading platform) and the global market average price. This index is an important indicator for observing capital flows in the U.S. market, institutional investment activity, and changes in market sentiment.
A positive premium indicates that the Coinbase price is higher than the global average, typically implying: strong buying pressure in the U.S. 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, usually reflecting: significant selling pressure in the U.S. market, declining investor risk appetite, rising market risk aversion, or capital outflows.
