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Coinbase Bitcoin premium index turns positive at 0.0159%, after being in negative premium for 40 consecutive days.
Deep Tide TechFlow News, February 25 — According to CoinGlass data as of 08:00 on February 25, Coinbase Bitcoin Premium Index is at 0.0159%, ending a previous 40-day period of negative premium.
It is reported that a positive index typically indicates a rebound in buying activity in the U.S. market. Yesterday’s news shows that the Coinbase Bitcoin Premium Index has been in negative territory for 40 consecutive days, setting the longest “negative streak” to date.