Coinbase Bitcoin Premium Index turns positive again after 4 days, currently at 0.0037%

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Golden Finance reports that on May 2nd, according to Coinglass data, Coinbase Bitcoin premium index turned positive after 4 days of negative premium, temporarily at 0.0037%, indicating that buying sentiment in the U.S. market is beginning to recover.
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 global average price. This index is an important indicator for observing capital flows in the U.S. market, institutional investment enthusiasm, and changes in market sentiment.
A positive premium indicates Coinbase prices are higher than the global average, usually meaning: strong buying in the U.S. market, active participation by institutions or compliant funds, ample dollar liquidity, and a generally optimistic investment mood. A negative premium indicates Coinbase prices are below the global average, typically reflecting: significant selling pressure in the U.S. market, decreased risk appetite among investors, increased market risk aversion, or capital outflows.

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