Data: The Coinbase Bitcoin Premium Index has been in negative premium for 7 consecutive days, currently reported at -0.044%

According to Coinglass data, the Coinbase Bitcoin premium index has been in negative premium for 7 consecutive days, currently reported at -0.044%.

The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing capital flows in the U.S. market, institutional investment enthusiasm, and changes in market sentiment. A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and an optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: significant selling pressure in the U.S. market, a decline in investors' risk appetite, an increase in market risk aversion, or capital outflows.