Coinbase Bitcoin Premium Index Hits 60-Day Negative Streak, Setting Record Since Launch

BTC-3.03%
According to Coinglass data cited by PANews, the Coinbase Bitcoin premium index reached -0.0908% on July 17, marking 60 consecutive days of negative premium since May 19. This breaks the previous record of 40 consecutive days of negative premium from January 16 to February 24, and exceeds the approximately 30-day negative streak during the 1011 market crash.
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