BlockBeats News, April 21st, according to Coinglass data, Coinbase's Bitcoin Premium Index has remained positive for 12 consecutive days, currently at 0.04%. The buying sentiment in the U.S. market continues to improve, after previously experiencing a 15-day streak of negative premium.

BlockBeats Note: The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a leading U.S. exchange) and the global market average price. This index is an important indicator for observing U.S. market capital inflows, institutional investment interest, and market sentiment changes.

A positive premium indicates that the Coinbase price is higher than the global average, usually implying: strong buying pressure in the U.S. market, active entry of institutional or compliant funds, ample USD liquidity, and a mildly optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average, typically reflecting: significant selling pressure in the U.S. market, decreased investor risk appetite, a rise in market risk aversion or fund outflows.