Markets· ★★· bearish·

Bitcoin Coinbase Premium Slips to -0.073% as US Demand Lags

  • —Coinbase premium for BTC fell to -0.073% on September 28
  • —The metric deepened from -0.0117%
  • —US demand lags offshore venues
Why it matters: A negative Coinbase premium points to weak US institutional demand and may signal downward pressure on BTC price.
#BTC
Source: Coinotag
More on this
Markets · yesterday
Coinbase Premium Negative for Fifth Straight Day as Institutional Bitcoin Demand Wanes
 Markets · Sep 21
Coinbase Premium Turns Negative Again as U.S. Spot Demand Stays Weak
 Markets · Sep 15
Bitcoin back above $79,000: open interest rises to $53.82B, spot demand lags