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Bitcoin Coinbase Premium Falls To Record Lows, Potential Price Drop Imminent?

  • The Coinbase premium index for Bitcoin has hit record lows, indicating a potential price drop.
  • The Coinbase premium measures BTC's price differences on Coinbase and other exchanges.
  • The drop in the premium suggests waning demand from retail investors in the United States.
  • This decline in the indicator could influence Bitcoin's short-term price movement.

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