ChainCatcher report: According to market sources, Coinbase’s Bitcoin Premium Index has remained in negative territory for 40 consecutive days, currently at -0.0467%, setting a new record for the longest streak of negative premiums since the index’s launch—surpassing the approximately 30-day consecutive negative premium period during the “1011 crash.” The Coinbase Bitcoin Premium Index measures the price difference of Bitcoin on Coinbase, a leading U.S. exchange, relative to the global market average. A negative premium typically indicates stronger selling pressure in the U.S. market, declining investor risk appetite, rising risk-off sentiment, or capital outflows.
Coinbase Bitcoin Premium Index Hits 40 Consecutive Days of Negative Premium
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Summary
Bitcoin news: The Coinbase Bitcoin Premium Index has now recorded 40 consecutive days in negative territory, currently at -0.0467%, a new record since its launch—surpassing the previous 30-day stretch during the 2011 crash. The index measures the price difference between Bitcoin on Coinbase and the global average. A negative premium often indicates a shift in the Fear & Greed Index toward fear, reflecting heightened U.S. selling pressure and capital outflows.
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