A 36th straight day of Bitcoin trading cheaper on Coinbase than on global exchanges. US buyers are paying less than the rest of the world, and that gap reads -0.093% on the Coinbase premium, which measures the US price against the global one.
The reading sits deeper than its 7 day average of -0.056%, so the discount is wider than it has been on a typical day this past week.
The premium measures where US demand prices Bitcoin relative to other venues. It does not show direction on its own; a discount can persist through both rising and falling markets.
The reading sits deeper than its 7 day average of -0.056%, so the discount is wider than it has been on a typical day this past week.
The premium measures where US demand prices Bitcoin relative to other venues. It does not show direction on its own; a discount can persist through both rising and falling markets.