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$BTC The price of Bitcoin rose above $82,000 this week but did not receive support from the key group of American institutional investors. According to data from the analytics platform CryptoQuant, at the time of the increase, the so-called Coinbase premium was not recorded.
This indicator tracks the difference in Bitcoin prices on the American exchange Coinbase, as the main gateway for American capital, and international platforms. A positive value indicates high demand from investors in the U.S., presumably institutional. Conversely, a negative value, which has persisted since the end of April, means that global traders are willing to pay more than Americans. This suggests weak institutional demand for Bitcoin from the U.S.