TREE NEWS reports: The Coinbase Bitcoin Premium Index has printed negative for four consecutive days, most recently at -0.0082%. The gauge, which tracks the spread between Bitcoin’s price on Coinbase and other venues, turned positive on August 24 at 0.0052% — its first positive reading since May 19 — after spending 97 straight days in negative territory.
Coinbase Bitcoin Premium Index Turns Negative for Fourth Straight Day at -0.0082%
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AI take
The persistence of a negative Coinbase premium suggests U.S. spot demand remains softer than offshore flows, even after a brief positive blip broke a 97-day streak. That earlier flip looked like a potential regime change; four straight negative prints argue it was noise. The open question is whether the index can string together consecutive positive days, which would signal a more durable shift in U.S. buying interest rather than a one-off.
Generated by AI for reference only.
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