Coinbase Bitcoin Premium Narrows as U.S. Market Selling Pressure Eases Slightly

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BlockBeats news, on June 6, according to Coinglass data, Coinbase’s Bitcoin premium index has remained in negative territory for 19 consecutive days, currently at -0.0401%, though narrowing from previous levels. This indicates reduced marginal selling pressure in the U.S. market, but the continued 19-day negative premium suggests U.S. demand has not yet fully recovered.


It will be important to monitor whether this metric can return to a positive premium range. If the Coinbase premium continues to recover, it may indicate a return of U.S. buying demand; if the negative premium widens again, BTC prices could still face selling pressure from the U.S. market.

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