The latest reading of -0.1259% points to persistently weak buying power in the U.S. market.
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According to data from the cryptocurrency data platform CoinGlass, the Coinbase Bitcoin (BTC) premium index has been in negative territory for 31 consecutive days. The index, recorded at -0.1353 percent in the latest measurement, suggests that Bitcoin demand in the US market may be weaker compared to global markets. The Coinbase Bitcoin premium index is a comparison of the US-based cryptocurrency exchange Coinbase and the globally operating Bina…