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Data, Coinbase Bitcoin Premium Index has been in negative premium for 11 consecutive days, and US market purchasing power has once again fallen into persistent weakness.
Mars Finance News, according to Coinglass data, Coinbase Bitcoin premium index has been in negative premium for 11 consecutive days, currently at -0.0545%, and the purchasing power in the U.S. market has once again fallen into persistent weakness. It previously remained in positive premium for 19 consecutive days. The Coinbase Bitcoin premium index is used to measure the difference between Bitcoin prices on Coinbase and the average global market price. Negative premium usually indicates greater selling pressure in the U.S. market, decreased investor risk appetite, increased market risk aversion sentiment, or capital outflows.