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Bitcoinist
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Bitcoin Coinbase Premium Turns Deep Red: What Does It Mean?
- The Bitcoin Coinbase Premium Gap has turned negative recently.
- The Coinbase Premium Gap indicates the difference in Bitcoin prices listed on Coinbase and Binance.
- A negative Coinbase Premium Gap suggests lower buying pressure on Coinbase compared to Binance.
- The negative spike in the Coinbase Premium Gap could potentially indicate selling from US-based institutional investors.
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