TechFlow News, July 17: According to Coinglass data, the Coinbase Bitcoin Premium Index has remained in the negative premium range for 60 consecutive days (from May 19 to present), with the latest value at -0.0908%, setting a new record for the longest consecutive negative premium since the indicator's launch.
The previous longest record was 40 days from January 16 to February 24 this year. Historically, long-term negative premiums typically reflect weak demand for US institutional funds, and may exert some correction pressure on Bitcoin prices in the short term.




