Bitcoin Demand Heats Up: Coinbase Premium Green For 25 Straight Days

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 on Binance. Such a trend implies the users of the former may be applying a higher amount of buying pressure (or a lower amount of selling pressure) as compared to that of the latter. On the other hand, the indicator being underwater suggests the Binance traders may be the ones participating in a higher amount of accumulation as they have pushed BTC to a higher rate relative to Coinbase. Now, here is