Coinbase Bitcoin Premium Index currently stands at -0.0818%

BlockBeats News, November 4th, according to Coinglass data, the Coinbase Bitcoin Premium Index is currently at -0.0818%.

BlockBeats Note: The Coinbase Bitcoin Premium Index is an indicator that measures the percentage difference between the Bitcoin price on Coinbase Pro (USD pair) and the price on Binance (USDT pair).

This means that the difference in BTC prices between the two platforms can suggest whether U.S. investors have exerted greater buying pressure on the market compared to global investors.