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Bitcoin trades below Binance price on Coinbase for 51 days amid cautious US ETF withdrawals.

Market News
13 Nov 2026, 19:24 WIB
Crypto news
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Bearish
Bitcoin trades below Binance price on Coinbase for 51 days amid cautious US ETF withdrawals.

Bitcoin's price on Coinbase has remained below Binance's price for 51 consecutive days, indicating weaker buying pressure in the US market compared to global markets. This negative premium, currently at -0.10%, reflects cautious investor sentiment amid ongoing withdrawals from US Bitcoin ETFs, which lost about $1.44 billion over five sessions. Despite these outflows, cumulative inflows since January 2024 remain strong at $55.1 billion. Analysts note persistent leverage in futures markets and continued demand for downside protection through options, suggesting cautious but ongoing market activity.

Bitcoin Coinbase premium data provides context for readers, with Pluang market data as of Nov 13, 2026 23:32 WIB showing mixed cryptocurrency performance. Of 50 major cryptocurrencies priced on Pluang, 19 rose and 30 fell today. Notable movers include XTZ (Tezos) at Rp4.393 with a 3.07% increase and 100% buy order activity, XNO (Nano) at Rp5.758 up 2.55%, and SNX (Synthetix) at Rp2.956 rising 2.46%.

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