The gauge was last at -0.0621%, a reading that can signal weaker U.S. buying power, heavier selling pressure and softer regional demand for Bitcoin.
The Coinbase Bitcoin Premium Index remained below zero for 21 consecutive days and was last at -0.0621%, BlockBeats reported, citing Coinglass data. The index compares Bitcoin prices on Coinbase with the global market average. Persistent negative readings are typically interpreted as a sign of weaker U.S. buying power and heavier selling pressure, making the metric a closely watched indicator of regional demand conditions and broader market positioning.