🚨 COINBASE PREMIUM HITS RECORD 44-DAY NEGATIVE STREAK
The Bitcoin Coinbase Premium Index has now remained negative for 44 consecutive days, marking the longest negative streak ever recorded.
Why it matters:
• Coinbase is widely viewed as a proxy for U.S. institutional and high-net-worth demand.
• A negative premium means Bitcoin is trading cheaper on Coinbase than on major offshore exchanges.
• This suggests U.S. buyers have been less aggressive than global market participants.
• Weak institutional demand can reduce upside momentum and increase the risk of short-term pullbacks.
However, a negative premium doesn't automatically signal a major bearish trend. In past cycles, prolonged periods of weak U.S. demand have sometimes been followed by strong rebounds once institutional buying returned.
For now, the data points to cautious sentiment among U.S. investors, while Bitcoin's next move may depend on whether fresh institutional capital steps back into the market. 📉🐋➡️📈
