Bitcoin’s Coinbase Premium Just Flipped Positive First Time Since May
$BTC is once again trading at a premium on Coinbase versus Binance, signaling stronger U.S.-based buying demand.
The shift comes as $BTC rebounds from around $63K to nearly $80K.
Key signals:
* Coinbase Premium turned positive for the first time since May
* U.S. spot $BTC ETFs attracted $3.51B in recent inflows
* BlackRock’s IBIT is leading the renewed institutional demand
* $81K remains the key resistance, near Bitcoin’s 50-week moving average
Historically, a sustained Coinbase Premium has often appeared during strong Bitcoin market phases.
The signal is positive but persistence matters. A clean break above $81K would strengthen the case for further upside.
#BTC #bitcoin #crypto #BitcoinETF #coinbase
$BTC is once again trading at a premium on Coinbase versus Binance, signaling stronger U.S.-based buying demand.
The shift comes as $BTC rebounds from around $63K to nearly $80K.
Key signals:
* Coinbase Premium turned positive for the first time since May
* U.S. spot $BTC ETFs attracted $3.51B in recent inflows
* BlackRock’s IBIT is leading the renewed institutional demand
* $81K remains the key resistance, near Bitcoin’s 50-week moving average
Historically, a sustained Coinbase Premium has often appeared during strong Bitcoin market phases.
The signal is positive but persistence matters. A clean break above $81K would strengthen the case for further upside.
#BTC #bitcoin #crypto #BitcoinETF #coinbase
