Markets· ★★· bearish·

Coinbase Bitcoin Premium Index Stays Negative for Fourth Day at -0.0082%

  • —Coinbase BTC premium index stood at -0.0082% on September 26
  • —The gauge has been negative for four consecutive days
  • —It was lower on September 13, at -0.0205%
  • —In August the index turned positive for the first time since May 19, ending a 97-day negative streak
Why it matters: Soft US demand can cap bitcoin's upside, though a single gauge does not confirm institutional outflows.
Source: TokenPost