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Bitcoin Coinbase Premium Hits 12-month Low as Trader Sees Further Drop
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Bitcoin’s Coinbase Premium Stays Deeply Negative, Signaling Weak U.S. Spot Demand Bitcoin News ETHNews
Bitcoin continues to trade under pressure as the Coinbase Premium Index remains firmly below zero, highlighting persistent selling activity on U.S.-based spot markets. The latest CryptoQuant data shows BTC changing hands at a consistent discount on Coinbase compared to offshore exchanges, even during short-lived price rebounds. This dynamic suggests that U.S. spot demand, including institutional flows, has yet to meaningfully re-enter the market…
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