BlockBeats News, December 10th, according to Coinglass data, Coinbase’s Bitcoin Premium Index has remained in a positive premium for 8 consecutive days, currently at 0.0121%.
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 to observe the flow of funds in the U.S. market, institutional investment interest, and changes in market sentiment.
A positive premium indicates that the Coinbase price is higher than the global average price, usually indicating: strong buying pressure in the U.S. market, institutions or compliant funds actively entering the market, ample USD liquidity, and a biased optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, typically reflecting: significant selling pressure in the U.S. market, decreased investor risk appetite, rising market risk aversion or capital outflows.
