Bullish Sentiment in US Markets, Coinbase Bitcoin Premium Index has been positive for 2 consecutive days

March 12th: Per Coinglass data, Coinbase’s Bitcoin Premium Index has stayed positive for two straight days, now at 0.0231%. Five of the past 10 days have seen positive premiums, with U.S. market buying sentiment beginning to rebound following 40 straight days of negative premiums. BlockBeats Note: Coinbase’s Bitcoin Premium Index measures the gap between Bitcoin’s price on Coinbase (a top U.S. exchange) and the global average price. It’s a key gauge for tracking U.S. capital inflows, institutional investment interest, and shifts in market sentiment. A positive premium means Coinbase’s Bitcoin price is above the global average, typically signaling: strong U.S. buying pressure, active inflows of institutional or compliant funds, ample USD liquidity, and mostly optimistic investor sentiment. A negative premium means Coinbase’s Bitcoin price is below the global average, typically reflecting: heavy U.S. selling pressure, waning investor risk appetite, increased market risk aversion, or capital outflows.