PANews reported on March 29th that, according to Coinglass data, the Coinbase Bitcoin Premium Index has been in a negative premium state for 10 consecutive days, currently at -0.0857%. The Coinbase Bitcoin Premium Index measures the difference between the price of Bitcoin on Coinbase (a major US trading platform) and the average price in the global market. A negative premium usually reflects significant selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflow.
The Coinbase Bitcoin Premium Index has been in negative territory for 10 consecutive days, currently at -0.0857%.
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Author: PA一线
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