Coinbase Bitcoin Premium Index Turns Positive
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Key Highlights For the very first time in the month, the Coinbase Bitcoin Premium index has indicated a positive rate This trend comes as BTC soared above $92,000 on Friday Coinbase Bitcoin Premium index shows growing confidence among institutional investors in the cryptocurrency after recent turmoil On November 28, Coinbase Bitcoin Premium witnessed a major trend, in which it reversed a month-long negative premium rate. The latest premium rate revolves around 0.03% on the chart. (Source: Coinglass) This is the first time in the month that Coinbase Bitcoin Premium shows a positive premium rate. This trend gives a ray of hope that institutional investors are getting their confidence back in BTC after the turmoil in the cryptocurrency market. What is the Coinbase Bitcoin Premium Index The Coinbase Bitcoin Premium is an index that measures the price gap for BTC between the U.S.-based Coinbase exchange and the major global exchanges (USDT markets like Binance). When the index is positive, it shows strong buying pressure from U.S. institutional investors and is considered a bullish indicator for the cryptocurrency market. On the flip side, a negative rate is considered as lower demand from the investors. This green spike occurred after BTC soared above $92,000 on Friday, sparking euphoria in the crypto community about its potential bullish momentum. At the time of writing, the cryptocurrency is trading at around $91,217 with a market capitalization of 1.82% trillion, according to CoinMarketCap. Nevertheless, the cryptocurrency is still struggling to break the crucial resistance level at $93,000. If it happens, it could help Bitcoin to witness a further rally. This index has successfully managed to predict major events in the cryptocurrency’s history, including the bull run of 2021, where it signaled strong institutional accumulation from companies like Tesla, MicroStrategy, etc. Similarly, it also tracked the 2022 and…
Filed under: News - @ November 28, 2025 10:25 pm