The Coinbase Bitcoin Premium Index has been in a positive premium for 2 consecutive days, currently standing at 0.0236%.

December 4th — Per Coinglass data, Coinbase’s Bitcoin Premium Index has stayed in positive territory for two straight days, with its current reading at 0.0236%. BlockBeats Note: The Coinbase Bitcoin Premium Index tracks the gap between Bitcoin’s price on Coinbase (a top U.S. exchange) and the global market average. It’s a key indicator for monitoring U.S. market capital inflows, institutional investment enthusiasm, and shifts in market sentiment. A positive premium (Coinbase price > global average) typically signals: strong U.S. buying pressure, active entry of institutions or compliant funds, ample USD liquidity, and generally optimistic investor mood. A negative premium (Coinbase price < global average) usually reflects: heavy U.S. selling pressure, reduced investor risk appetite, rising hedging sentiment, or capital outflows.