[[{“value”:”Data shows the Bitcoin Coinbase Premium Index has turned positive again, a sign that demand for buying BTC is back from the American investors.
Bitcoin Makes Recovery As Coinbase Premium Index Turns Green
As pointed out by an analyst in a CryptoQuant Quicktake post, the Bitcoin Coinbase Premium Index has surged into the positive territory recently after having been negative during the crash.
The “Coinbase Premium Index” here refers to an indicator that keeps track of the percentage difference between the Bitcoin prices listed on cryptocurrency exchanges Coinbase (USD pair) and Binance (USDT pair).
When the value of this metric is positive, it means that the price of the asset listed on Coinbase is greater than on Binance right now. Such a trend implies BTC is observing a higher buying pressure or a lower selling pressure on the former as compared to the latter.
On the other hand, the indicator being below zero suggests users on the Coinbase platform may be participatin
We współpracy z: https://bitcoinist.com/bitcoin-bullish-signal-demand-btc-returns-coinbase/
