Crypto

Coinbase Bitcoin Premium Hits 9-Month Low

Guavy AI Editorial Team Published August 16, 2026

Instruments

BTC

The Coinbase Bitcoin Premium Index has extended its record-breaking negative streak to 90 consecutive days.

According to CoinGlass data, the index has remained below zero from May 19 through August 16.

The latest reading stands at -0.1066%, making it the longest period of consecutive negative readings since the indicator was introduced.

This surpasses a previous record of a 40-day negative streak recorded between January 16 and February 24.

The Wire

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