Coinbase Bitcoin Premium Index Turns Positive Again After 8 Days, Currently at 0.0023%

BlockBeats News, January 15th, according to Coinglass data, the Coinbase Bitcoin Premium Index reversed from a negative premium to a positive one after 8 days, currently standing at 0.0023%.

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 liquidity, 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 compliant 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, decreased investor risk appetite, a rise in market risk aversion, or capital outflows.