COINOTAG, citing Coinglass data, reports that the Coinbase Bitcoin Premium Index has moved into positive territory, posting 0.0331 after yesterday’s -0.0087%. The index captures the divergence between Bitcoin prices on Coinbase and the global market average price, serving as a practical gauge of U.S. market capital inflows, institutional appetite, and shifts in overall market sentiment toward risk assets.
A positive premium generally indicates Coinbase pricing above the global benchmark, signaling stronger U.S. demand, potential institutional inflows, and ample USD liquidity backing risk-on activity. In contrast, a negative premium can reflect selling pressure in the U.S. market and rising risk aversion, suggesting a cautious stance that could influence near-term price action across the broader crypto ecosystem.