Coinbase’s Bitcoin negative premium has lasted 60 days, setting a new all-time record

BlockBeats message, July 17, according to Coinglass data, Coinbase’s Bitcoin premium index has been in negative premium territory for 60 consecutive days (from May 19 to now), with the latest value at -0.0908%.

Previously, this index was in negative premium territory for 40 consecutive days from January 16 to February 24 this year, setting the longest “consecutive negative” record since the indicator was introduced, surpassing the number of days of continuous negative premium of about 30 days during the “1011 crash” period.

BTC-0.19%
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