Bitcoin’s Coinbase Premium has turned positive for the first time in more than three months, according to CoinGlass. The shift is important because the Coinbase Premium tracks the price difference between Bitcoin on Coinbase and Binance. When it turns positive, it suggests buyers on the U.S.-focused exchange are willing to pay more for $BTC , pointing to a potential recovery in U.S. demand. #Bitcoin spent roughly three months trading at a negative premium, making the reversal particularly notable. And the timing matters. #BTC has just reclaimed the $80K area after a powerful August rally, while spot Bitcoin ETFs have also recorded strong recent inflows. The premium flipping positive doesn’t guarantee another leg higher, but if it remains positive alongside continued ETF inflows, it would provide stronger evidence that U.S. buyers are returning to the market. The rally brought Bitcoin back above $80K. Now U.S. demand may be starting to come back with it.