BlockBeats News, January 7th, according to Coinglass data, the Coinbase Bitcoin Premium Index has once again turned negative, currently at -0.0277%. Yesterday, the Coinbase Bitcoin Premium Index, after 22 days, changed from a negative premium to a positive premium, at 0.011%.BlockBeats Note: The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a major U.S. exchange) and the global market average price. This index is an important indicator of the flow of funds in the U.S. market, institutional investment interest, and changes in market sentiment.A positive premium indicates that the Coinbase price is higher than the global average, typically implying: strong buying pressure in the U.S. market, institutions or compliant funds actively entering the market, ample USD liquidity, and a generally optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average, usually reflecting: significant selling pressure in the U.S. market, a decrease in investor risk appetite, a rise in market risk aversion, or capital outflows.
