As per BitcoinWorld, the Coinbase Bitcoin premium has turned positive, indicating increased buying pressure from U.S. institutional investors. This shift suggests renewed institutional demand and could signal a new phase for Bitcoin’s price trajectory. The premium, which reflects the price difference between Bitcoin on Coinbase and other major exchanges, has been negative for weeks before turning positive. Institutional activity through Coinbase often precedes significant market movements, and the positive premium may indicate accumulation rather than selling by large U.S. buyers.
Coinbase Bitcoin Premium Turns Positive, Signals Institutional Buying
BitcoinWorldShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.