The Bitcoin (BTC) Coinbase premium index reached its highest level since Feb. 20 after BTC prices rallied 5% on March 19.
Bitcoin’s Coinbase premium index. Source: CryptoQuant
Return of Coinbase premium highlights Bitcoin accumulation
The Coinbase premium index measures the price difference between Coinbase and Binance prices for BTC pairs, where a higher value signals US investors dictating stronger buying pressure
source: https://cointelegraph.com/news/bitcoin-coinbase-premium-returns-is-90-k-btc-price-in-the-cards?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound