Coinbase Bitcoin premium index briefly turns positive as US buying picks up

The brief flip in the Coinbase premium is a useful signal because it isolates US demand from offshore flows, and the fact that it coincided with a specific price touch suggests buyers were willing to pay up rather than merely track global prices. But the quick return to neutral matters more than the spike: it implies the bid was opportunistic, not conviction-driven, and that US buyers have not yet displaced the broader market's inertia. Whether that premium can hold a positive reading across sessions, rather than flickering at a single price level, is the open question for anyone tracking regional demand.