Skip to content
Back to Guavy Wire
Crypto

Coinbase Premium Index Negative for 102 Days: Weak US Demand

Instruments
BTC ETH
Share

The Coinbase Premium Index for Bitcoin has been negative for 102 consecutive days. This persistent trend suggests weaker demand on Coinbase compared to the global market.

This negative reading is interpreted as a proxy for reduced U.S. spot demand for Bitcoin. Historically, such readings have indicated that Bitcoin is trading at a discount on U.S.-based exchanges.

The ongoing situation may influence market expectations for Ethereum's performance relative to Bitcoin. Current market pricing indicates low expectations for Ethereum reaching $10,000 by December 31, 2026, with odds ranging between 1% and 4.5% across various sub-markets.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc