Bitcoin price gap between Coinbase Pro and Binance remains negative
The Coinbase Bitcoin Premium Index has remained negative for 90 consecutive days, marking the longest negative streak on record.
The index measures the Bitcoin price gap between Coinbase Pro and Binance, with a persistently negative reading indicating weaker U.S. buying demand or heavier selling pressure.
The current reading is -0.1066%, with the negative streak lasting from May 19 to August 16.