The Bitcoin Coinbase premium has been positive for 14 consecutive days, marking the longest positive streak since October of last year.

CoinFeed reported on April 22 that, according to CoinDesk, Bitcoin's Coinbase premium index has been positive for 14 consecutive days, marking the longest positive streak since Bitcoin reached its all-time high of $126,000 in October 2025. Coinbase is the preferred exchange for US institutions (corporate treasuries, hedge funds, and ETFs, etc.), and when Bitcoin trades at a premium on Coinbase relative to Binance, it indicates active buying by US buyers. Historically, strong buying by US investors has been a characteristic of bull markets. The premium index was mostly negative from mid-December to the end of February last year, when Bitcoin fell from approximately $100,000 to nearly $60,000. Bitcoin has now surpassed $78,000, with a 14% increase so far in April.