Coinbase Bitcoin Premium has been negative for 60 days, hitting a new all-time high

BlockBeats News, July 17, according to Coinglass data, Coinbase's Bitcoin Premium Index has remained in a negative premium range for 60 consecutive days (since May 19), with the latest value at -0.0908%.

Previously, the index was in a negative premium range for 40 consecutive days from January 16 to February 24 this year, setting the longest "consecutive negative" record since the introduction of the index, surpassing the number of days of consecutive negative premium during the "1011 Crash," which was about 30 days.