Coinbase Bitcoin Premium Index Turns Positive Again After Four Days, Currently at 0.0037%

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On May 2, according to Coinglass data, the Coinbase Bitcoin Premium Index turned positive after four days of negative premium, currently reported at 0.0037%, indicating a warming buying sentiment in the U.S. market. Note: The Coinbase Bitcoin Premium Index measures the difference between the Bitcoin price on Coinbase (a major U.S. trading platform) and the global market 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 that the Coinbase price is higher than the global average price, which typically means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which usually reflects: significant selling pressure in the U.S. market, decreased risk appetite among investors, heightened market risk aversion, or capital outflows.

BTC0.44%
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