BlockBeats News, April 3, according to Coinglass data, the Coinbase Bitcoin premium index, after 15 days of negative premium, has returned to a positive reading, currently at 0.0019%, as buy-side sentiment in the U.S. market begins to warm up.
BlockBeats Note: The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing changes in U.S. market fund flows, institutional investment heat, and market sentiment.
A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying demand in the U.S. market, active entry by institutions or compliant capital, abundant U.S. dollar liquidity, and relatively optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which usually reflects: heavier sell pressure in the U.S. market, a decline in investors’ risk appetite, and a rise in safe-haven sentiment or capital outflows.