Bitcoin Coinbase Premium Dips to -0.1011% for 17th Straight Day
BTC/USDT
$44,848,329,419.30
$76,617.73 / $70,140.00
Change: $6,477.73 (9.24%)
+0.0019%
Longs pay
According to Coinglass data summarized by COINOTAG, the Coinbase Bitcoin Premium Index has remained in negative territory for 17 consecutive sessions, with the latest reading at -0.1011% on December 31.
The Coinbase Bitcoin Premium Index measures the spread between Bitcoin prices on Coinbase and the global market average. A negative reading indicates Coinbase prices are below the global benchmark, signaling softer demand in the U.S. market and a shift in risk appetite.
Financial professionals monitor this gauge as a proxy for fund inflows and institutional activity in crypto assets. While the current level does not imply a forecast, a sustained negative premium can reflect tighter USD liquidity and a more cautious market sentiment, impacting price discovery across venues.