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Coinbase Premium Index stays negative 102 days, signaling weak US Bitcoin demand and low Ethereum price expectations.

Market News
17 Aug 2026
Crypto Briefing
View Source
Bearish
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The Coinbase Premium Index for Bitcoin has been negative for 102 consecutive days, indicating weaker demand for Bitcoin on the U.S.-based Coinbase exchange compared to the global market. This persistent trend suggests reduced U.S. spot demand for Bitcoin, which may influence broader market sentiment including Ethereum's price outlook. Market pricing currently reflects low expectations for Ethereum reaching $10,000 by the end of 2026, with odds between 1% and 4.5%. Investors should watch for changes in Bitcoin demand on U.S. exchanges, as shifts could impact Ethereum's market potential and future price predictions.

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