Coinbase Bitcoin Premium Index Records Negative Value for 6 Consecutive Days

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BlockBeats News, May 21st, according to Coinglass data, Coinbase's Bitcoin Premium Index has been in a negative premium for 6 consecutive days, currently at -0.0919%. The continuous outflow of Bitcoin from Coinbase's spot ETF highlights the weak buying power in the U.S. market.

The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase and the global market average price. A negative premium usually indicates significant selling pressure in the U.S. market, a decrease in investor risk appetite, a rise in market risk aversion, or capital outflows.

Sumber: BlockBeats

Disclaimer: Konten ini berasal dari pihak lain atau diterjemahkan oleh AI dari pihak lain. CoinEx tidak menjamin konten ini benar, asli, atau akurat, dan tidak memberikan saran investasi. Harga aset kripto sangat tidak stabil, jadi harap berhati-hati terhadap risiko yang ada.

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