Markets· ★★★· bearish· October 14, 11:42

Coinbase Premium Stays Negative Even as Prime Volumes Rise 9.6%

—Coinbase Premium at -0.0913% on Oct 14 vs -0.0806% a day earlier
—Coinbase Prime volume up 9.6% to 5,191.47 BTC ($397.3M)
—CME leveraged funds short 12,583 contracts vs 5,731 longs as of Oct 6
—VIX at 15.27, dollar index 102.09, US 10-year yield 5.24%

Why it matters: A negative Coinbase Premium signals weak US institutional demand, capping bitcoin's upside in the near term.

Source: TokenPost

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