Data: Coinbase Bitcoin premium index records negative values for 18 consecutive days, U.S. market purchasing power remains weak

Mars Finance News, according to Coinglass data, Coinbase Bitcoin Premium Index has been in negative premium for 18 consecutive days, currently at -0.1347%, indicating continued weakness in purchasing power in the U.S. market. The Coinbase Bitcoin Premium Index is used to measure the difference between Bitcoin prices on Coinbase and the average global market price. A negative premium typically reflects greater selling pressure in the U.S. market, decreased investor risk appetite, rising market risk aversion, or capital outflows.
BTC-0.31%
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