BlockBeats News, November 26th, according to Coinglass data, Coinbase’s Bitcoin Premium Index has been in a negative premium for 27 consecutive days, currently at -0.0515%.
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 of observing U.S. market fund flows, institutional investment sentiment, and market mood 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, ample USD liquidity, and a generally optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average, usually reflecting: higher selling pressure in the U.S. market, decreased investor risk appetite, a rise in market risk aversion sentiment, or capital outflows.
