On April 26, according to Coinglass data, the Coinbase Bitcoin premium index has been positive for 18 consecutive days, currently reported at 0.0336%. The buying sentiment in the US market continues to improve, after previously being in negative premium for 15 consecutive days. Note from BlockBeats: The Coinbase Bitcoin premium index measures the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the US) and the global market average price. This index is an important indicator for observing the flow of funds in the US market, institutional investment enthusiasm, and changes in market sentiment. A positive premium indicates that the Coinbase price is higher than the global average price, usually meaning strong buying in the US market, active entry of institutional or compliant funds, ample dollar liquidity, and an optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, typically reflecting significant selling pressure in the US market, a decrease in investors' risk appetite, increased market risk aversion, or capital outflows.
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US Market Buying Sentiment Continues to Improve, Coinbase Bitcoin Premium Index Positive for 18 Days
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