Where Is the Bottom? Coinbase Bitcoin Premium Hits 21-Day Negative Streak
The Coinbase Bitcoin Premium Index has remained damaging for 21 consecutive days, the longest streak in the present cycle. Data from Coinglass exhibits the index has stayed beneath zero since early November, mirroring Bitcoin’s drop from close to $120,000 to round $84,000. This damaging premium signifies ongoing promoting strain on US-based exchanges, reflecting US institutional…
