The Coinbase Premium Index remains persistently negative (around -0.09), meaning BTC on Coinbase is trading at a discount to offshore pricing. This points to weaker U.S. side demand and potential selling pressure on Coinbase a bearish backdrop.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The Coinbase Premium Index remains persistently negative (around -0.09), meaning BTC on Coinbase is trading at a discount to offshore pricing. This points to weaker U.S. side demand and potential selling pressure on Coinbase a bearish backdrop.