๐จ Coinbase Bitcoin Premium Turns Negative for 7 Straight Days
$BTC Coinbase premium has remained below zero for seven consecutive days, signaling weaker U.S. spot demand compared to other global markets.
A sustained negative premium usually reflects cautious positioning by U.S. investors, with buyers showing less urgency at current price levels.
๐ What to watch next:
โข Regional demand flow
โข Spot BTC ETF inflows/outflows
โข Overall market sentiment
Price direction in the near term will largely depend on how these factors evolve.
BTC
87,280.39
-0.62%