Coinbase Bitcoin Premium Index has been in negative premium for 3 consecutive days, currently at -0.0837%

BlockBeats News, January 9, according to Coinglass data, Coinbase's Bitcoin Premium Index has been in a negative premium for 3 consecutive days, currently at -0.0837%. In the past 26 days, it has been in a negative premium for 25 days.

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 for observing U.S. market fund flows, 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 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, a decline in investor risk appetite, a rise in market risk aversion or capital outflows.