For the 63rd day in a row, a $BTC costs less on Coinbase than on the big offshore exchanges. US buyers on the main American venue keep paying under the global price, and the streak has not broken once in that run.
The gap, known as the Coinbase premium, reads -0.149% on the latest reading. Its 7 day average is -0.157%, so the newest reading is close to the past week's norm rather than an outlier within the streak.
The premium measures how US demand prices Bitcoin against offshore venues. It is a reading of where buyers sit, not of which way price moves next.
The gap, known as the Coinbase premium, reads -0.149% on the latest reading. Its 7 day average is -0.157%, so the newest reading is close to the past week's norm rather than an outlier within the streak.
The premium measures how US demand prices Bitcoin against offshore venues. It is a reading of where buyers sit, not of which way price moves next.
