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Coinbase Bitcoin Premium Index has been positive for 18 consecutive days, currently at 0.0336%
Mars Finance News: According to Coinglass data, Coinbase’s Bitcoin Premium Index has been positive for 18 consecutive days and is currently 0.0336%. The Coinbase Bitcoin Premium Index is used to measure the difference between the price of Bitcoin on Coinbase (a major US trading platform) and the average price in the global market. A negative premium typically reflects stronger sell pressure in the US market, a decline in investors’ risk appetite, heightened market risk-aversion sentiment, or capital outflows.