Data: Coinbase Bitcoin premium index has turned positive again after 8 days, currently reported at 0.0023%

According to Coinglass data, the Coinbase Bitcoin premium index has shifted from negative to positive after 8 days, currently reported at 0.0023%.

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 pressure in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and 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, decreased risk appetite among investors, heightened market risk aversion, or capital outflows.