Coinbase Bitcoin Premium Index has been in a negative premium for 27 consecutive days, currently standing at -0.0515%.

On November 26th, based on Coinglass data, Coinbase's Bitcoin Premium Index has been in a negative premium for 27 consecutive days and is currently at -0.0515%. **BlockBeats Note**: The Coinbase Bitcoin Premium Index is employed to measure the disparity between the Bitcoin price on Coinbase (a major U.S. exchange) and the global market average price. This index serves as a crucial indicator for observing U.S. market fund flows, institutional investment sentiment, and market mood fluctuations. A positive premium indicates that the Coinbase price is higher than the global average, typically suggesting: strong buying pressure in the U.S. market, institutions or compliant funds actively entering, abundant USD liquidity, and a generally optimistic investment sentiment. Conversely, a negative premium indicates that the Coinbase price is lower than the global average, usually reflecting: higher selling pressure in the U.S. market, decreased investor risk appetite, a rise in market risk aversion sentiment, or capital outflows.