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Coinbase Bitcoin Premium Index stays negative but gap narrows to -0.15% on Nov 8

Market News
09 Nov 2026, 12:35 WIB
Tokenpost
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Neutral
Coinbase Bitcoin Premium Index stays negative but gap narrows to -0.15% on Nov 8

The Coinbase Bitcoin Premium Index remained negative at -0.15% on November 8, slightly improved from -0.17% on November 7, indicating a narrower price gap between Coinbase Pro and Binance. A negative reading means Bitcoin prices on Coinbase Pro are lower, reflecting either weaker buying or stronger selling pressure there. This index does not measure actual Bitcoin trading volume or confirm institutional investor behavior. The recent readings follow a long stretch of negative values, with the last positive spike occurring briefly in August.

The Coinbase Bitcoin Premium Index on November 8 provides context for cryptocurrency market conditions. For readers following digital assets, here is Pluang's market snapshot as of Nov 09, 2026 17:02 WIB: out of 50 major cryptocurrencies priced on Pluang, 9 rose and 40 fell today. Ethereum (ETH) traded at Rp38.118.228 with a 1-day change of -5.63% and a typical hold time of 108 days, showing a Pluang order activity split of 36% Sell and 64% Buy. Algorand (ALGO) was priced at Rp1.642, down 4.65%, with 73% Sell and 27% Buy order activity, while Filecoin (FIL) stood at Rp13.534, down 4.18%, with 84% Sell and 16% Buy activity.

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