Bullish Sentiment Returns to US Market, Coinbase Bitcoin Premium Index Currently at -0.08%

On February 9th, Coinglass data shows Coinbase’s Bitcoin Premium Index has recently narrowed its negative premium to -0.08%, with U.S. market buying sentiment starting to pick up. BlockBeats Note: The Coinbase Bitcoin Premium Index measures the gap between Bitcoin’s price on Coinbase (a leading U.S. exchange) and the global market average. It’s a key indicator for tracking U.S. capital flows, institutional investment interest, and shifts in market sentiment. A positive premium means Coinbase’s price is higher than the global average, typically signaling: strong U.S. market buying pressure, active inflows of institutional or compliant capital, ample USD liquidity, and generally optimistic investment sentiment. A negative premium means Coinbase’s price is below the global average, usually reflecting: significant U.S. market selling pressure, reduced investor risk appetite, rising market risk aversion, or capital outflows.