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Coinbase Bitcoin Premium Index hits a 90-day record negative streak, signaling weaker buying pressure.

Market News
16 Aug 2026, 14:51 WIB
UToday
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Bearish
Coinbase Bitcoin Premium Index hits a 90-day record negative streak, signaling weaker buying pressure.

The Coinbase Bitcoin Premium Index has recorded a 90-day streak of negative readings, the longest since its inception, indicating Bitcoin trades at a discount on Coinbase compared to Binance. This extended negative trend, ongoing since May 19, suggests weaker buying pressure on Coinbase but is not definitive proof of institutional Bitcoin outflows, as other market factors also influence the index. Bitcoin's price remains around $63,000 amid this trend, reflecting ongoing market dynamics rather than a clear directional signal.

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