Coinbase Bitcoin Premium Index Hits 62-Day Negative Streak, Extending Record Since May 19

BTC1.07%

According to Coinglass data, Coinbase's Bitcoin premium index has remained in negative territory for 62 consecutive days from May 19 to July 19, currently at -0.0633%.

This extends the previous record of 40 consecutive days of negative premium set earlier this year from January 16 to February 24, marking the longest such streak since the index's inception.

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