Bitcoin Coinbase Premium Dips to -0.0702% for 14 Consecutive Days, Indicating U.S. Market Capital Outflows
BTC
BTC/USDT
$23,430,404,439.32
$97,193.34 / $95,134.48
Change: $2,058.86 (2.16%)
+0.0028%
Longs pay
As of December 28, COINOTAG News reports, according to Coinglass data, the Coinbase Bitcoin Premium Index has persisted in negative territory for fourteen consecutive days, currently at -0.0702%. The metric tracks the price dispersion between Coinbase and the global BTC benchmark.
On the interpretation front, a negative Bitcoin Premium Index typically signals Coinbase BTC quotes below the global average, pointing to selling pressure in the U.S. market, reduced risk appetite, or capital outflows, and offering insight into market liquidity dynamics and sentiment shifts among institutional participants.
Going forward, traders should integrate this read with broader indicators to contextualize liquidity conditions and potential cross-exchange price movements, avoiding overreliance on a single metric.