Coinbase Bitcoin Premium Index Records 50-Day Negative Streak
2026-07-07 19:34

Woofun AI reports that the Coinbase Bitcoin Premium Index has stayed in negative territory for 50 consecutive days, with the latest reading at -0.0742%. This duration breaks the previous record of 40 consecutive days set earlier this year and exceeds the roughly 30-day negative period observed during the "1011 crash." Historical data indicates that prolonged negative premiums often coincide with the withdrawal of US institutional funds, suggesting caution regarding short-term pullback pressure.

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Bitcoin
Coinbase
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