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Coinbase Bitcoin Premium Index has significantly and continuously turned positive, marking the first time since March 19.
April 7 news: Despite the crypto market continuing to hold steady in a narrow trading range, Western investors appear to be slightly buying back crypto assets. According to Coinglass data, after a small, short-lived premium appeared on April 3, since yesterday the Coinbase Bitcoin premium index has turned significantly and continued to stay positive. Although it’s not possible to confirm whether the premium’s positive turn can be sustained or expanded, the current level is the first time since March 19.