Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI
Back to NewsFeeds

Coinbase Bitcoin premium index negative for 31 days, pointing to softer US demand

NewsFeeds update

CoinGlass data show the Coinbase BTC premium index, which tracks the Bitcoin price gap between Coinbase and Binance, has stayed negative for 31 days, last at -0.1353%. The streak follows a 98-day negative run that ended on 25 Aug at 0.0052%.

BitcoinCoinNessAIBearish

Read the original on CoinNess

The story so far: Coinbase premium stays negative

The Coinbase Bitcoin premium index has been negative for an extended stretch, with CoinGlass data showing a 31-day negative streak as of Oct 24. CryptoQuant now says the premium was negative every day in October, the deepest reading since June, pointing to softer US demand.

  1. Coinbase Bitcoin premium index negative for 31 days, pointing to softer US demand

    CoinGlass data show the Coinbase BTC premium index, which tracks the Bitcoin price gap between Coinbase and Binance, has stayed negative for 31 days, last at -0.1353%. The streak follows a 98-day negative run that ended on 25 Aug at 0.0052%.

    BitcoinCoinNessAIBearish

  2. Coinbase premium negative every day in October, CryptoQuant says

    CryptoQuant says the Coinbase premium has stayed negative on every day in October, its deepest negative reading since June, suggesting US buyers have stayed on the sidelines.

    BitcoinCoinNessAIBearish

More Bitcoin updates

  1. Electrum 4.8.3 fixes flaw that let servers trick users into paying attackers

    BitcoinOdailyAIBearish

  2. Kraken offers Bitcoin and ether options to eligible traders in Europe

    BitcoinCoinNessAIBullish

  3. Willy Woo says Bitcoin simulation points to 2028 peak of up to $413,000

    BitcoinBloomingbitAIBullish

Every Bitcoin update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.