TechFlow news, on January 7th, according to the latest data from Coinglass, the Coinbase Bitcoin Premium Index turned positive yesterday after 22 days, but this positive state lasted only one day before turning negative again, currently reported at -0.0277%. The Coinbase Bitcoin Premium Index is used to measure the difference in Bitcoin prices on Coinbase (a mainstream U.S. trading platform) compared to the global average market price. A negative premium typically reflects higher selling pressure in the U.S. market, a decline in investor risk appetite, increased market risk aversion, or capital outflows.
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