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The Coinbase Bitcoin Premium Index has been in negative territory for 18 consecutive days, currently at -0.1714%.

 according to the latest data from Coinglass, the Coinbase Bitcoin premium index has been in negative premium for 18 consecutive days, currently at -0.171%. This index measures the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the United States) and the average price in the global market. A negative premium usually reflects greater selling pressure in the US market, a decline in investor risk appetite, increased market risk aversion, or capital outflow.

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