Coinbase Bitcoin Premium Index Records Negative Values for 21 Consecutive Days, Currently at -0.0621%

BTC1.21%
According to Coinglass data, Coinbase's Bitcoin premium index has recorded negative values for 21 consecutive days as of June 8, currently at -0.0621%. The sustained negative premium reflects weakened buying demand in the U.S. market, signaling increased selling pressure and rising risk-aversion sentiment among investors.
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