🚨 $BTC
— U.S. BUYING PRESSURE REMAINS WEAK? 👀
Today’s Coinbase Premium is sitting at -0.023%, meaning BTC is trading slightly cheaper on Coinbase than across global markets.
📉 19-day negative streak
📊 7D average: -0.030%
💰 Carry yield: -1.24% annualized
The historical data is interesting too:
Since 2017, days in this low-premium band saw a median 0.0% BTC move over the following 7 days across 659 observations, versus a +0.5% base rate.
⚠️ History, not a forecast.
The key question: When will U.S. spot demand start showing stronger signs of returning? 🇺🇸
#Bitcoin #BTC #Coinbase #crypto #CryptoMarket #BitcoinNews #Trading #BinanceSquare
— U.S. BUYING PRESSURE REMAINS WEAK? 👀
Today’s Coinbase Premium is sitting at -0.023%, meaning BTC is trading slightly cheaper on Coinbase than across global markets.
📉 19-day negative streak
📊 7D average: -0.030%
💰 Carry yield: -1.24% annualized
The historical data is interesting too:
Since 2017, days in this low-premium band saw a median 0.0% BTC move over the following 7 days across 659 observations, versus a +0.5% base rate.
⚠️ History, not a forecast.
The key question: When will U.S. spot demand start showing stronger signs of returning? 🇺🇸
#Bitcoin #BTC #Coinbase #crypto #CryptoMarket #BitcoinNews #Trading #BinanceSquare
