Data: Coinbase Bitcoin Premium Index has been in negative premium for 33 consecutive days, marking the longest "continuous negative" record since 2023.

robot
Abstract generation in progress

Mars Finance reports that, according to Coinglass data, Coinbase Bitcoin Premium Index has been in negative premium for 33 consecutive days, currently at -0.0477%, marking the longest streak of negative premium since 2023, surpassing the approximately 30 days of consecutive negative premium during the “1011 crash.” The Coinbase Bitcoin Premium Index is used to measure the difference between Bitcoin prices on Coinbase and the average global market price. A negative premium typically indicates greater selling pressure in the U.S. market, decreased investor risk appetite, rising market risk aversion, or capital outflows.

BTC-1%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)