Buy sentiment in the U.S. market continues to warm, and Coinbase Bitcoin premium index has been positive for 14 consecutive days.

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BlockBeats News, April 23 — According to Coinglass data, Coinbase Bitcoin premium index has been positive for 14 consecutive days, currently at 0.0378%. The buying sentiment in the U.S. market continues to improve. It had previously been in negative premium for 15 consecutive days.

BlockBeats Note: The Coinbase Bitcoin premium index is used to measure the difference between Bitcoin prices on Coinbase (a major U.S. trading platform) and the average price across the global market. This index is an important indicator for monitoring capital flows in the U.S. market, the level of institutional investment enthusiasm, and changes in market sentiment.

A positive premium indicates that Coinbase’s price is higher than the global average, which usually means: strong buying demand in the U.S. market, institutions or compliant funds actively entering the market, ample dollar liquidity, and an overall optimistic investment sentiment. A negative premium indicates that Coinbase’s price is lower than the global average, which usually reflects: heavier selling pressure in the U.S. market, investors’ reduced risk appetite, an increase in safe-haven sentiment in the market, or capital outflows.

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