Data: The BTC price on Coinbase compared to the Asian market showed a negative premium of approximately -0.1% for up to 1 hour at noon today. The premium index has been negative for 12 consecutive days.
Mars Finance reports that, according to Coinglass data, the Bitcoin price on Coinbase has experienced a continuous negative premium of about -0.1% for up to 1 hour compared to other major Asian exchanges. It has now narrowed to -0.0632%. Additionally, since the 15th of this month, Coinbase’s premium index has been in negative territory for 12 consecutive days. A negative Coinbase Bitcoin premium index indicates that Coinbase’s Bitcoin price is below the global average, typically reflecting greater selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflows.
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Data: The BTC price on Coinbase compared to the Asian market showed a negative premium of approximately -0.1% for up to 1 hour at noon today. The premium index has been negative for 12 consecutive days.
Mars Finance reports that, according to Coinglass data, the Bitcoin price on Coinbase has experienced a continuous negative premium of about -0.1% for up to 1 hour compared to other major Asian exchanges. It has now narrowed to -0.0632%. Additionally, since the 15th of this month, Coinbase’s premium index has been in negative territory for 12 consecutive days. A negative Coinbase Bitcoin premium index indicates that Coinbase’s Bitcoin price is below the global average, typically reflecting greater selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflows.