Bitcoin’s Coinbase premium hits six-week low, but longer-term demand shows signs of stabilization
Bitcoin’s price metric closely watched by bullish traders, the Coinbase Premium Index, fell to a six-week low on May 19, reflecting a wave of profit-taking that saw holders realize $1.14 billion in daily gains. However, beneath the surface, longer-term demand signals suggest the market may be stabilizing rather than entering a sustained downturn. Coinbase Premium […]
