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Bullish Sentiment Returns to US Market, Coinbase Bitcoin Premium Index Back in Positive Territory

2026.03.03 09:58:59

March 3rd — Coinglass data shows Coinbase’s Bitcoin Premium Index has flipped positive again today, hitting 0.0028%. Over the past week, the index has been in premium territory for 3 trading days. This signals improved buying sentiment in the U.S. market, following 40 consecutive days of negative premium. [BlockBeats Context: 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 Bitcoin price exceeds the global average — typically signaling strong U.S. buying pressure, active entry of institutional/compliant funds, ample USD liquidity, and generally optimistic investor sentiment. A negative premium, by contrast, means Coinbase’s price is below the global average, reflecting heavy U.S. selling pressure, reduced risk appetite, heightened market risk aversion, or capital outflows.
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