Citing Coindesk, the Coinbase Bitcoin Premium Index has reached a negative divergence of -0.15%, the widest since Q1 2025, indicating weaker U.S. demand and selling pressure. The trend began after the crypto liquidation event on Oct. 10 and has continued through November. Bitcoin is on track for its worst week since early March, down over 11% and 23% for the month, marking its worst monthly performance since June 2022.
Coinbase Bitcoin Premium Hits -0.15%, Widest Since Q1, Signaling Weak U.S. Demand
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