Coinbase Bitcoin Premium Index Stays Negative for Fifth Straight Day

Coinglass data shows the premium index stayed negative for 29 of the past 30 days, highlighting persistent soft U.S. Bitcoin demand despite global market movements.

BTC

Summary

On January 13, Coinglass reported Coinbase’s Bitcoin Premium Index at -0.1184%, marking 29 negative closings in the past 30 days. This reflects weaker U.S. market demand for Bitcoin compared to the global average and hints at sustained cautious sentiment among institutional and retail investors in the U.S.

Terms & Concepts
  • Bitcoin Premium Index: A metric comparing Bitcoin prices on Coinbase (U.S. exchange) to global averages, reflecting regional demand differences.
  • Risk Aversion: Investor behavior favoring lower-risk assets during uncertain or volatile market periods.
  • Coinglass: A data analytics platform that tracks crypto market indicators such as funding rates, liquidation volumes, and trading premiums.