BlockBeats News, December 3rd, according to Coinglass data, the Coinbase Bitcoin Premium Index has once again turned positive, now standing at 0.0331 (yesterday was -0.0087%).
BlockBeats Note: The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream 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: a strong buying interest in the U.S. market, institutional or compliant funds actively entering the market, ample USD liquidity, and a generally optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average, typically reflecting: significant selling pressure in the U.S. market, decreasing investor risk appetite, an increase in market risk aversion or capital outflows.
