Coinbase's Bitcoin Premium Index has remained negative for 19 consecutive days.

According to Coinglass data, Coinbase’s Bitcoin Premium Index has remained negative for 19 consecutive days, standing at -0.12% as of press time and hitting a recent low, signaling sustained weakness in U.S. market purchasing power. The index measures the gap between Bitcoin prices on Coinbase and the global average market price. A negative premium typically reflects heavy selling pressure in the U.S. market, declining investor risk appetite, rising market risk aversion, or capital outflows.

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