What Next as Bitcoin (BTC) Coinbase Premium Turns Negative After 3 Weeks
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Bitcoin faces a significant change in its demand structure just when on-chain data reveals significant sales pressure. One of the indicators most followed by institutional analysts, the Coinbase Premium, has turned to negative ground for the first time in weeks, coinciding with a strong rebound in the losses realized, which reached about $5.97 billion in a single day. The movement suggests a weakening of buyer appetite in the United States and o…
Coinbase premium turns negative as BTC sees $6B sell-off
🚨 The Coinbase Premium index turned negative for the first time in months amid a $6 billion loss in $BTC sales. Institutional interest in the US has sharply declined, driving selling pressure on the market. 📉 Critical data: Realized losses dropped from $5.97B to $4.7B as selling slowed. Continue Rea...
Bitcoin Coinbase Premium Breaks Green Streak: US Selling Pressure Back?
American Bitcoin sellers may be making a return as data shows the Coinbase Premium Gap has turned negative for the first time in 20 days. Bitcoin Coinbase Premium Gap Has Broken Its Positive Streak In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Coinbase Premium Gap […]
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