Coinbase BTC Premium Index Hits Record 47-Day Negative Streak
2026-07-04 17:21

Woofun AI data shows that the Coinbase Bitcoin Premium Index has remained in negative territory for 47 consecutive days, ending at -0.1007%. This metric tracks the price difference between BTC on Coinbase and the global average. The current streak surpasses the previous record of 40 days set earlier this year and exceeds the roughly 30-day negative period seen during the "1011 Crash". Sustained negative values typically reflect heavier sell pressure in the US market, declining risk appetite, or capital outflows. Historical patterns suggest such prolonged premiums often align with withdrawals of US institutional funds.

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BTC
Coinbase
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