PANews reported on July 10 that CryptoQuant analyst burakkesmeci said that the price of Bitcoin has reached a record high of $112,014, while the Coinbase premium gap has climbed to 42 points. This means that the price of buying Bitcoin on Coinbase is $42 higher than on Binance, showing strong demand from U.S. investors.

It is worth noting that this premium is not the highest this week. Last week, the gap reached 87.76 points, indicating stronger buying pressure. Analysts pointed out that the Coinbase premium gap is an important indicator of demand among U.S. investors. A positive premium usually means increased interest in Bitcoin from institutions or retail investors. Even after setting a record high, demand remains strong, indicating that the market's bullish sentiment may not be over yet.