Coinbase Bitcoin Premium Index turns negative again, currently at -0.0198%.

BlockBeats news, September 20th, according to Coinglass data, the Coinbase Bitcoin Premium Index has turned negative again, currently at -0.0198% (yesterday it was 0.0013%), indicating that buying sentiment in the U.S. market has once again fallen into a slump.

BlockBeats note: The Coinbase Bitcoin Premium Index measures the difference between the Bitcoin price on Coinbase (a major U.S. trading platform) and the global average price. This index is an important indicator for observing capital flows, institutional investment activity, and changes in market sentiment in the U.S. market.

A positive premium indicates that the Coinbase price is higher than the global average price, which typically means: strong buying in the U.S. market, active entry of institutions or compliant funds, ample dollar liquidity, and relatively optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: greater selling pressure in the U.S. market, declining investor risk appetite, rising market risk aversion, or capital outflows.