Coinbase Premium Index Negative for Over 90 Consecutive Days, Setting Longest Historical Record
According to CryptoRank.io data, the Coinbase Premium Index has remained in negative territory for over 90 consecutive days, marking the longest duration on record. This indicates that US market demand remains consistently weaker compared to the global market. CryptoRank.io stated that if the index returns to positive territory, it could become an early signal of renewed capital inflow into the US and potentially boost the market.
