Coinbase Bitcoin Premium Index Turns Positive Amid Renewed Institutional Demand

The evidence strongly supports the core claim that the Coinbase Bitcoin Premium Index experienced a prolonged, multi-week negative streak. The most authoritative sources corroborate this event. CoinDesk (Authority: 0.95), a major crypto news organization, confirms that the index was experiencing its "longest negative streak since April," indicating a significant and sustained event. The primary data source, Coinglass (Authority: 0.95), is listed as providing the historical data necessary to verify the exact number of days, lending high credibility to the existence of a verifiable streak.However, there is conflicting information regarding the precise duration of the streak. While the statement claims 28 days, other lower-authority sources provide different numbers. A Bitget article (Authority: 0.60) mentions a "20-day streak," and a post on X (Authority: 0.20) claims a "21 consecutive days" streak. This discrepancy does not necessarily render the statement false. It is common for news outlets or social media to report on a streak while it is still ongoing, which could explain the lower numbers (20 and 21 days). The 28-day figure could represent the final, complete duration of the event. Given that a high-authority source like CoinDesk confirms the significance and record-setting nature of the streak, the higher number of 28 days is plausible as the final count. The conflict comes from sources with significantly lower authority than those confirming the main event, making the 28-day claim more likely to be the correct, final figure.