TechFlow, Nov 30 — According to Coinglass data, the Coinbase Bitcoin premium index turned positive yesterday after remaining negative since October 31, currently standing at 0.03%. The previous 29 consecutive days of negative readings marked the longest such streak this year.
A positive index indicates that Bitcoin prices on Coinbase are higher than the global average, reflecting strong buying demand in the U.S. market and active participation from institutional or compliant capital.
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