The Coinbase Bitcoin Premium Index has remained below zero for 78 straight days, signaling sustained U.S. selling pressure or weak demand.
The Coinbase Bitcoin Premium Index extended its negative streak to 78 consecutive days, the longest on record, with a latest reading of -0.1145%. The index tracks the price gap between Bitcoin on Coinbase and other major exchanges, serving as a proxy for U.S. investor demand.
A negative premium indicates BTC trades at a discount on Coinbase relative to other platforms, potentially reflecting weaker U.S. demand or stronger selling activity. The prior record streak was significantly shorter, underscoring the persistence of current market dynamics.
No immediate market reaction was reported, though the trend may influence sentiment among institutional traders monitoring U.S. demand signals.