A deepening discount on Coinbase highlights reduced US institutional interest and evolving investor behavior in the bitcoin market.
Photo: Cheng Xin
Key Takeaways
- The Coinbase premium gap has fallen to -$90, indicating unexpected market behavior.
- A negative premium gap suggests selling pressure and less demand from institutional investors on Coinbase.
Coinbase’s premium gap has dropped to -$90, reflecting a significant shift in Bitcoin market dynamics as institutional demand weakens.
A negative Coinbase Premium Gap indicates cautious investor behavior and changing demand patterns in the Bitcoin market. The metric measures the