As of December 7, CoinGlass data show the Coinbase Bitcoin Premium Index has held a positive premium for five consecutive sessions, standing at 0.0278%.
The Coinbase Bitcoin Premium Index measures the spread between the Bitcoin price on Coinbase and the global market average, providing insight into U.S. market capital inflows, institutional interest, and overall market sentiment.
A persistent premium indicates that the Coinbase price sits above the global average, consistent with firmer domestic demand and available USD liquidity.
Traders should monitor subsequent shifts in the premium, as a move back toward parity or a negative premium can reflect changing risk appetite and potential capital reallocations.
Source: https://en.coinotag.com/breakingnews/bitcoin-coinbase-premium-index-climbs-to-0-0278-for-the-fifth-straight-day-highlighting-u-s-market-inflows
