Bitcoin Loses $85K as Coinbase Premium Stays Negative for 21 Straight Days – ...
Bitcoin has officially lost the critical $85,000 level, triggering a wave of panic across the market as price briefly tagged the $81,000 zone. This breakdown has pushed the entire crypto ecosystem into a deep corrective phase, with fear escalating and liquidity rapidly evaporating. Analysts warn that the market is now entering full capitulation territory — […]
Related News
Data shows the Ethereum Coinbase Premium Index has stayed inside the negative territory even as the price has climbed back above $2,100. Ethereum Coinbase Premium Index Is Red Right Now As pointed out by Arab Chain in a CryptoQuant Quicktake post, the Coinbase Premium Index has been in the red zone for Ethereum recently. This indicator keeps track of the percentage difference between the ETH price listed on Coinbase (USD pair) and that on Binance (USDT pair). Related Reading: Bitcoin HODLers Quietly Add 332,000 BTC Amid Market Chaos Below is a chart that shows the trend in the Ethereum....
Data shows the Bitcoin Coinbase Premium Gap has plunged into the negative territory following BTC’s latest high above $98,000. Bitcoin Coinbase Premium Gap Has Just Observed A Plummet As explained by CryptoQuant community analyst Maartunn in a new Quicktake post, the recent positive Coinbase Premium Gap has just disappeared. The “Coinbase Premium Gap” here refers […]
The Bitcoin Coinbase Premium Gap has continued to be at a notable green level recently, a sign that institutional traders are buying the asset. Coinbase Premium Gap Is Positive Right Now In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Bitcoin Coinbase Premium Gap. This indicator […]
A negative premium implies that accumulation will last a little longer, meaning that $50,000 as support may have to wait too. Bitcoin (BTC) has already hit $50,000 on some exchanges but needs to get whales on its side to flip it to definitive support, data suggests.In a tweet on Feb. 16, Ki Young Ju, CEO of on-chain analytics service CryptoQuant, highlighted the so-called "Coinbase premium" as one of the final hurdles for BTC/USD.Negative premium slows upward grindOn Tuesday, a clear battle was emerging within Bitcoin trading as $50,000 stayed de facto out of reach for bulls.Analyzing the....
Data shows the Bitcoin Coinbase Premium Gap has been positive for the past 25 days, a sign that could point toward returning demand from American institutional traders. Coinbase Bitcoin Premium Gap Has Been Climbing Recently In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Bitcoin Coinbase Premium Gap. This indicator measures the difference between the BTC price listed on Coinbase (USD pair) and that on Binance (USDT pair). When the value of this metric is above zero, it means the cryptocurrency is going for a higher price on Coinbase than....