📰 Coinbase Bitcoin Premium Index has recorded negative values for 4 consecutive days, now at -0.0082%
BlockBeats news: On September 26, according to CoinGlass data, the Coinbase Bitcoin Premium Index has been negative for 4 consecutive days, with the latest reading at -0.0082%, and U.S. market purchasing power once again slipping into a slump.
Previously, on August 24, the Coinbase Bitcoin Premium Index returned to positive for the first time since May 19, reaching 0.0052%, temporarily ending the longest historical streak of negative premiums that had lasted 97 days.
The Coinbase Bitcoin Premium Index is used to measure the price difference of Bitcoin between Coinbase Pro and Binance. When the index remains negative, it typically means Coinbase’s quoted price is relatively lower, which may reflect weak U.S. market buy-side demand or stronger sell-side pressure. However, the indicator alone should not be used to conclude that institutional funds are flowing out.
◆ Views
· This is an industry-level dynamic. Watch to see whether it spreads into mainstream coin sentiment.
· The above is a translation of publicly available information and does not constitute investment advice
#币圈热点 #行业动态 $BNB
BlockBeats news: On September 26, according to CoinGlass data, the Coinbase Bitcoin Premium Index has been negative for 4 consecutive days, with the latest reading at -0.0082%, and U.S. market purchasing power once again slipping into a slump.
Previously, on August 24, the Coinbase Bitcoin Premium Index returned to positive for the first time since May 19, reaching 0.0052%, temporarily ending the longest historical streak of negative premiums that had lasted 97 days.
The Coinbase Bitcoin Premium Index is used to measure the price difference of Bitcoin between Coinbase Pro and Binance. When the index remains negative, it typically means Coinbase’s quoted price is relatively lower, which may reflect weak U.S. market buy-side demand or stronger sell-side pressure. However, the indicator alone should not be used to conclude that institutional funds are flowing out.
◆ Views
· This is an industry-level dynamic. Watch to see whether it spreads into mainstream coin sentiment.
· The above is a translation of publicly available information and does not constitute investment advice
#币圈热点 #行业动态 $BNB
