According to Coinglass data, the Coinbase Bitcoin Premium Index has been in negative territory for 40 consecutive days, currently reporting -0.1569%, indicating persistently weak purchasing power in the U.S. market. The Coinbase Bitcoin Premium Index measures the difference between the price of Bitcoin on Coinbase and the global average market price. A negative premium typically reflects greater selling pressure in the U.S. market, lower investor risk appetite, heightened market risk aversion, or capital outflows.

BTC1.01%
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