For the 49th day in a row, Bitcoin on Coinbase trades below its price on the major global exchanges. The gap reads -0.137%, which means a buyer on the US venue pays that much less for $BTC than traders elsewhere.
The 7 day average of the gap is -0.122%, so the discount today runs a little deeper than its own recent norm.
The Coinbase premium measures a price gap between venues. It does not show who is buying or selling, and at this size it is a small spread. It tells you where US spot prices sit against the rest of the market, not which way the market moves.
The 7 day average of the gap is -0.122%, so the discount today runs a little deeper than its own recent norm.
The Coinbase premium measures a price gap between venues. It does not show who is buying or selling, and at this size it is a small spread. It tells you where US spot prices sit against the rest of the market, not which way the market moves.