News with the tag "Coinbase premium"

The price of BTC could be stuck in consolidation for longer than initially anticipated, as the latest on-chain data shows that the Bitcoin Coinbase Premium Index has dropped back beneath zero. What does this dwindling metric signal for the premier cryptocurrency? I s The Bitcoin Price At Risk Of Dow...

The price of Bitcoin is gradually retaining its upward trend as the flagship asset eyes the $100,000 pivotal mark after a slight rebound on Monday. During the waning price performances over the past few days, recent data shows that BTC’s funding rates have persistently maintained a bullish sentiment...

Volatility remains the norm in the Bitcoin market, with aggressive price swings defining the past few days. On Monday, BTC dropped to $97K before surging to $106K yesterday. However, the price has since retraced and now consolidates around the $102K mark, keeping investors on edge about its next mov...

Data shows that a Bitcoin indicator has recently formed a pattern that has proved to be quite bullish regarding the cryptocurrency’s price. Bitcoin Coinbase Premium Index Has Crossed Above Its 14-Day SMA In a new post on X, the on-chain analytics firm CryptoQuant has discussed a pattern that has rec...

With a significant move at the start of the week, Bitcoin has revisited the pivotal $100,000 milestone once again. This move has triggered a wave of fresh optimism among crypto enthusiasts as several key metrics have also seen positive movements alongside the recent upswing. BTC’s Market Dynamics Un...

The Bitcoin (BTC) Coinbase Premium Index is flashing positive readings for the first time this year and since at least December 16. This metric nosedived earlier as investors shtarted exhibiting caution on Bitcoin’s price which entered a rangebound motion on December 19. The switch in this Coinbase ...

After weeks of consistent price correction, Bitcoin latest performance now appears to be demonstrating a rebound as the asset has earlier today reclaimed the $96,000 price mark now approaching the $98,000 level. As Bitcoin approaches this key level, data shows that the top crypto has shown mixed sig...

Data shows the Bitcoin Coinbase Premium Index has witnessed a plunge to two-year lows recently. Here’s what this could mean for BTC’s price. Bitcoin Coinbase Premium Index Has Plummeted Over The Past Month As explained by an analyst in a CryptoQuant Quicktake post, the BTC Coinbase Premium Index has...

The Coinbase Premium Index has dropped to -0.237, its lowest level in the past year, according to CryptoQuant contributor Burak Kesmeci. This decline coincides with Bitcoin’s fall to $91,500, driven by reduced liquidity and increased selling pressure at the end of 2024. The drop in the index highlig...

The Coinbase Premium Index, a key indicator of Bitcoin retail demand in the United States, has dropped to its lowest level in a year, signaling heightened selling pressure. On December 31, the index fell to -0.23, marking its weakest point since January 2024, according to CryptoQuant contributor Bur...