Data: Coinbase Bitcoin Premium Index Turns Positive Again, US Market Buying Sentiment Recovers

According to Coinglass data, the Coinbase Bitcoin premium index has turned positive again, currently at 0.005% (vs -0.0086% yesterday), indicating that buying sentiment in the US market is starting to recover. The Coinbase Bitcoin premium index measures the difference between the Bitcoin price on Coinbase (a major US trading platform) and the global average market price. This index is an important indicator for observing capital flows in the US market, institutional investment activity, and shifts in market sentiment. A positive premium indicates that the Coinbase price is higher than the global average, typically meaning: strong buying pressure in the US market, active institutional or compliant capital inflows, ample US dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average, typically reflecting: significant selling pressure in the US market, declining investor risk appetite, heightened risk-off sentiment, or capital outflows.