🚨COINBASE PREMIUM HITS RECORD 44-DAY NEGATIVE STREAK
Coinbase’s Bitcoin premium index has stayed negative for 44 straight days, the LONGEST streak on record.
This matters because Coinbase is often used as a proxy for U.S. institutional demand.
A sustained negative premium suggests U.S. buyers are WEAKER, risk appetite is FADING, and Bitcoin may face more short-term PULLBACK pressure.
Coinbase’s Bitcoin premium index has stayed negative for 44 straight days, the LONGEST streak on record.
This matters because Coinbase is often used as a proxy for U.S. institutional demand.
A sustained negative premium suggests U.S. buyers are WEAKER, risk appetite is FADING, and Bitcoin may face more short-term PULLBACK pressure.