BlockBeats News, January 11th. According to Coinglass data, the Coinbase Bitcoin Premium Index has been in a negative premium for 5 consecutive days, currently at -0.126%. Over the past 28 days, it has been in a negative premium for 26 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 of observing U.S. market capital inflows, institutional investment interest, and market sentiment changes.
A positive premium means the Coinbase price is higher than the global average, usually indicating: strong buying pressure in the U.S. market, institutional or regulatory funds actively entering, ample USD liquidity, and a bullish investment sentiment. A negative premium means the Coinbase price is lower than the global average, typically reflecting: significant selling pressure in the U.S. market, decreased investor risk appetite, rising market risk aversion, or capital outflows.
