BlockBeats News, December 9th, according to Coinglass data, Coinbase’s Bitcoin Premium Index has remained in a positive premium for 7 consecutive days, currently at 0.0215%.
BlockBeats Note: The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a major U.S. exchange) and the global market average price. This index is an important indicator for observing U.S. market capital inflows, institutional investment enthusiasm, and market sentiment changes.
A positive premium indicates that the Coinbase price is higher than the global average, usually implying: strong buying pressure in the U.S. market, institutions or compliant funds actively entering the market, ample USD liquidity, and investor sentiment leaning towards optimism. A negative premium indicates that the Coinbase price is lower than the global average, usually reflecting: significant selling pressure in the U.S. market, a decrease in investor risk appetite, a rise in market risk aversion or capital outflows.
