Data: Coinbase Bitcoin premium index has been in negative premium for 19 consecutive days, currently at -0.0401%

Mars Finance News, according to Coinglass data, Coinbase Bitcoin premium index has been in a negative premium state for 19 consecutive days, currently at -0.0401%. The Coinbase Bitcoin premium index is used to measure the difference between Bitcoin prices on Coinbase (a major US trading platform) and the global market average price. A negative premium typically indicates greater selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflows.
BTC-1.68%
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