The Coinbase Bitcoin premium index has been positive for 18 consecutive days, currently reported at 0.0336%

According to Coinglass data, the Coinbase Bitcoin Premium Index has been positive for 18 consecutive days, currently reported at 0.0336%.

The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. A negative premium typically reflects greater selling pressure in the U.S. market, a decline in investor risk appetite, increased market risk aversion, or capital outflows.