The Coinbase Premium Index value has risen to approximately +0.026 over the past two days after a decline that was followed by a sharp drop in Bitcoin on February 5. A rapid and frankly unusual increase, especially since it occurred vertically as shown in the chart. This movement reflects strong spot buying pressure from the US market. A gap of this size usually does not result from temporary pricing noise but from genuine demand absorbing the available liquidity.
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Coinbase Premium Index Explodes 🔥📈
The Coinbase Premium Index value has risen to approximately +0.026 over the past two days after a decline that was followed by a sharp drop in Bitcoin on February 5.
A rapid and frankly unusual increase, especially since it occurred vertically as shown in the chart.
This movement reflects strong spot buying pressure from the US market.
A gap of this size usually does not result from temporary pricing noise but from genuine demand absorbing the available liquidity.