an exchange Bitcoin Premium Index Reports 20 Days of Negative Premium at -0.0467%
According to data from Coinglass, the an exchange Bitcoin Premium Index has been in a state of negative premium for 20 consecutive days, currently reporting -0.0467%. The an exchange Bitcoin Premium Index measures the difference between the Bitcoin price on an exchange (a leading trading platform in the U.S.) and the global market average price. A negative premium typically indicates significant selling pressure in the U.S. market, a decline in investor risk appetite, increased market risk aversion, or capital outflows.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strategy, Metaplanet lose MSCI index membership in November reshuffle
Elon Musk speaks out again: It would be my honor to hire Jensen Huang
On November 12 local time, the well-known financial commentary account ZeroHedge posted on social platform X, calling out to Musk: "Elon please hire Jensen." Musk immediately responded: "That would be an honor."
5 Days of Bitcoin ETF Outflows, Brought to You Mostly by BlackRock
Crypto prices
More
