Bitcoin Surge To $74,000 Fueled By US Institutions, Coinbase Premium Signals
Data shows the Bitcoin Coinbase Premium Gap spiked as the asset rallied toward $74,000, a potential sign that the platform’s institutional users were backing the run. Bitcoin’s Coinbase Premium Gap Shot Up To $61 During The Rally In a new thread on X, CryptoQuant community analyst Maartunn has talked about the latest BTC rally and what could be behind it. “Several data points show aggressive institutional demand driving the breakout,” noted Maartunn. One such metric is the Coinbase Premium Gap. Related Reading: Bitcoin Historically Bottoms Between These MVRV....
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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 […]
Data shows the Bitcoin Coinbase Premium Gap has witnessed a spike, a sign that American investors may be buying at post-dip prices. Bitcoin Coinbase Premium Gap Has Seen A Sharp Positive Spike In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Bitcoin Coinbase Premium Gap. This metric measures the difference between the Bitcoin price listed on Coinbase (USD pair) and that on Binance (USDT pair). The indicator tells us about how the buying or selling behavior differs between the userbases of the two platforms. The former is the main platform....
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 […]
Data shows the Bitcoin Coinbase Premium Index has declined towards neutral values recently, implying buying pressure may be running out. Bitcoin Coinbase Premium Index Has Gone Down Recently An analyst in a CryptoQuant Quicktake post explained that the Coinbase Premium Index has been decreasing recently. The “Coinbase Premium Index” here refers to the percentage difference […]
On-chain data shows the Bitcoin coinbase premium gap has improved recently and is now approaching a neutral value, suggesting the selling pressure may be drying up. Bitcoin Coinbase Premium Gap Close To Zero, But Still Negative As pointed out by an analyst in a CryptoQuant post, the selling pressure from US investors seems to have reduced in recent days. The “Coinbase Premium Gap” is an indicator that measures the difference in the Bitcoin prices listed on crypto exchanges Coinbase (USD pair) and Binance (USDT pair). The quant notes that US investors are known to use the....