Coinbase Bitcoin Premium Index Hits 50-Day Negative Streak, Record High

BTC3.59%
According to ChainCatcher, Coinbase's Bitcoin Premium Index remained negative for 50 consecutive days through July 8, 2026, marking the longest such streak on record. The latest reading stood at approximately -0.0742%, indicating Bitcoin trades at a discount on U.S. exchange Coinbase relative to Binance. The negative premium typically reflects weaker demand from U.S. buyers compared to broader international market demand. The current streak began on May 19, 2026, surpassing the previous record of 40 consecutive negative days.
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