BlockBeats news, on February 18, according to Coinglass data, Coinbase’s Bitcoin premium index has been in negative premium for 34 consecutive days, currently at -0.0545%, surpassing the approximately 30 consecutive days of negative premium during the “1011 crash.”
The Coinbase Bitcoin Premium Index measures the difference between Bitcoin's price on Coinbase and the global market average price. A negative premium typically reflects stronger selling pressure in the U.S. market, declining investor risk appetite, rising risk-off sentiment, or capital outflows.

