Coinglass data shows that the Coinbase Bitcoin premium index has been in negative premium for two consecutive weeks (14 days), currently at -0.08%. This index measures the difference between Bitcoin prices on Coinbase (a major US trading platform) and the average global market price. A negative premium typically indicates greater selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflows.
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Coinglass data shows that the Coinbase Bitcoin premium index has been in negative premium for two consecutive weeks (14 days), currently at -0.08%. This index measures the difference between Bitcoin prices on Coinbase (a major US trading platform) and the average global market price. A negative premium typically indicates greater selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflows.