Coinbase Bitcoin Negative Premium Hits Record 95-Day Streak

The Coinbase Bitcoin premium index remains in negative territory, narrowing to -0.0221%. Data shows the indicator has stayed negative for 95 consecutive days from May 19 to August 21, marking the longest streak since its inception. This surpasses the previous record of 40 days set earlier this year. While a persistent negative premium often suggests weaker buying pressure or increased selling in the U.S. market, it does not definitively confirm institutional capita