Coinbase Bitcoin Premium Index has remained in a negative premium since October 31, currently standing at -0.0499%.

BlockBeats News, November 19th, according to Coinglass data, the Coinbase Bitcoin Premium Index has been in a continuous negative premium since October 31st, currently at -0.0499%.

BlockBeats Note: The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream U.S. exchange) and the global market average price. This index is an important indicator for observing the U.S. market's fund flow, institutional investment sentiment, and market sentiment changes.

A positive premium indicates that the Coinbase price is higher than the global average, usually implying: strong buying pressure in the U.S. market, institutional or compliant funds actively entering, ample USD liquidity, and a predominantly optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average, typically reflecting: significant selling pressure in the U.S. market, decreased investor risk appetite, a rise in market risk aversion or capital outflows.