The Coinbase Bitcoin Premium Index has been positive for 18 consecutive days, currently trading at 0.0336%.

CoinFeed reported on April 26 that, according to Coinglass data, the Coinbase Bitcoin Premium Index has been positive for 18 consecutive days, currently at 0.0336%. The Coinbase Bitcoin Premium Index measures the difference between the price of Bitcoin on Coinbase (a major US trading platform) and the average price in the global market. A negative premium typically reflects significant selling pressure in the US market, decreased investor risk appetite, increased market risk aversion, or capital outflows.