The Coinbase Bitcoin Premium Index has been negative for 4 consecutive days, most recently at -0.0082%
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AT A GLANCE
The Coinbase Bitcoin Premium Index has been negative for 4 consecutive days, most recently at -0.0082%。
Article
The Coinbase Bitcoin Premium Index has recorded a negative value for 4 consecutive days, currently at -0.0082%BlockBeats reports that September 26, according to CoinGlass data,Coinbase the Bitcoin Premium Index has recorded a negative value for 4 consecutive days, most recently at -0.0082%, indicating that purchasing power in the U.S. market has once again weakened significantly.
Previously,August 24，Coinbase the Bitcoin Premium Index returned to positive territory for the first time since May 19, standing at 0.0052%, briefly ending the longest historical period of negative premiums, which had lasted for 97 consecutive days.Coinbase The Bitcoin Premium Index measures the Bitcoin price spread between Coinbase Pro and Binance. A persistently negative index usually means that Coinbase quotes are relatively lower. This may reflect weaker buying or greater selling pressure in the U.S. market, but the indicator alone should not be used to directly conclude that institutional funds are flowing out.
Original link https://m.theblockbeats.info/flash/369147
Key points
01
According to CoinGlass data, the Coinbase Bitcoin Premium Index has recorded a negative value for 4 consecutive days.
02
The latest reading of the index is -0.0082%。
03
The index measures the Bitcoin price spread between Coinbase Pro and Binance.
04
A persistently negative index usually means that Coinbase quotes are relatively lower, which may reflect weaker buying or greater selling pressure in the U.S. market.
05
The indicator alone cannot directly establish that institutional funds are flowing out.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This index compares Bitcoin quotes on Coinbase Pro and Binance. A negative value means that Coinbase quotes are relatively lower, which may indicate weaker buying or greater selling pressure in the U.S. market, but it cannot alone prove institutional outflows.
Why it matters to readers
A sustained negative reading may weigh on market sentiment and also signal weak demand in the U.S. market; however, other fund-flow and spot-trading data should be considered.
Beginners can view it as a reference indicator of the relative strength of buying in the U.S. market, rather than direct proof of fund flows.
Risks and unknowns
The information was provided by BlockBeats citing CoinGlass data; the evidence did not include the original CoinGlass page.
The evidence did not provide other independent data to cross-validate the indicator.
This indicator alone cannot confirm whether institutional funds are flowing out.
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Coinbase Bitcoin Premium Index
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