The buying sentiment in the US market continues to improve, with the Coinbase Bitcoin Premium Index staying positive for the 14th consecutive day.

BlockBeats News, April 23rd, according to Coinglass data, Coinbase's Bitcoin Premium Index has remained positive for 14 consecutive days, currently at 0.0378%. The buying sentiment in the U.S. market continues to improve, after previously being in a negative premium for 15 consecutive days.

BlockBeats Note: The Coinbase Bitcoin Premium Index is used to measure the difference between the price of Bitcoin on Coinbase (a major U.S. exchange) and the global market average price. This index is an important indicator to observe the flow of funds in the U.S. market, institutional investment interest, and changes in market sentiment.

A positive premium indicates that the Coinbase price is higher than the global average, usually indicating: a strong buying interest in the U.S. market, active entry of institutional or compliant funds, ample USD liquidity, and a predominantly optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average, typically reflecting: selling pressure in the U.S. market, decreased investor risk appetite, rising market risk aversion, or capital outflows.