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cryptoJul 18, 2026, 2:59 PM

Bitcoin Coinbase Premium Index Negative for 60 Days, New Record

The Bitcoin Coinbase Premium Index has remained in negative territory for 60 consecutive days, setting a new all-time record. The previous longest streak was 40 days in early 2024.

BTCUSD

The Coinbase Premium Index for Bitcoin has been in negative territory for 60 consecutive days, marking the longest such streak on record. This surpasses the previous record of 40 days, which occurred from January 16 to February 24.

The index measures the price difference between Bitcoin on Coinbase and Binance. A negative value indicates that Bitcoin is trading at a lower price on Coinbase relative to Binance, often interpreted as selling pressure from US-based investors.

The extended negative reading suggests sustained bearish sentiment among Coinbase users, though broader market implications remain to be seen.

Source: ForkLog