Coinbase Bitcoin Premium Index Records Negative Value for 7 Consecutive Days, US Market Purchasing Power Weakens

By: www.coinglass.com|2026/09/13 04:25:21

The Coinbase Bitcoin Premium Index has recorded a negative value for 7 consecutive days, with the latest reading at -0.0205%. The purchasing power in the US market has once again fallen into a slump. Previously, on August 24, the Coinbase Bitcoin Premium Index recorded a positive value of 0.0052% for the first time since May 19, ending a streak of 97 days in negative premium territory. This index measures the price difference of Bitcoin between Coinbase Pro and Binance, and a sustained negative value typically indicates that Coinbase's prices are relatively low, reflecting weak buying interest or significant selling pressure in the US market. However, this indicator should not be solely relied upon to assess the flow of institutional funds.

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