Coinbase Bitcoin premium index stays negative for fourth day at -0.0082%

  • Bitcoin traded slightly lower on Coinbase than Binance for four consecutive days.
  • The Coinbase Bitcoin premium index reached -0.0082% on September 26.
  • The index last turned positive at 0.0052% on August 24, after 97 negative days.

Bitcoin's price on Coinbase has remained slightly below Binance's for four consecutive days, with the Coinbase Bitcoin premium index at -0.0082% on Sept. 26. The negative reading indicates comparatively weaker prices on Coinbase and can reflect weaker buying or stronger selling pressure in the U.S. market. The index briefly turned positive at 0.0052% on Aug. 24, its first positive reading since May 19, after spending 97 consecutive days below zero.

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