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Bitcoin Slides as Coinbase Bitcoin Premium Index Signals Reduced Institutional Accumulation
The Coinbase bitcoin premium fell to -0.085% on May 22, its monthly low, as Coinglass flags growing U.S. institutional selling pressure.
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cointelegraph.com
Bitcoin Coinbase Premium Drop Hints At Critical Pivot For BTC
Bitcoin traders cashed out $1.14 billion in short-term profit as the BTC Coinbase premium dropped to a 6-week low, but technical data showed buyers were active near the range lows.
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Coinbase Premium Hits Monthly Low on Institutional Selling
The Coinbase premium hit a monthly low as institutions sold aggressively and Bitcoin ETFs saw a four-day outflow streak.
