Coinbase Bitcoin Price Premium Index has been in negative premium for 17 consecutive days, currently at -0.1011%.

BlockBeats News, December 31st, according to Coinglass data, Coinbase's Bitcoin Premium Index has been in a negative premium for 17 consecutive days, currently at -0.1011%.

BlockBeats Note: The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a leading U.S. exchange) and the global market average price. This index is an important indicator for observing U.S. market fund inflows, institutional investment interest, 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, institutional or regulatory funds actively entering the market, ample USD liquidity, and a predominantly optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average, usually reflecting: significant selling pressure in the U.S. market, decreased investor risk appetite, a rise in market risk aversion or capital outflows.