Scott Melker: Coinbase Bitcoin Premium Index records 51-day negative streak

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Scott Melker: Coinbase Bitcoin Premium Index records 51-day negative streak — Coinbase Bitcoin Premium hits negative streak

Scott Melker, owner and content creator, reports that the Coinbase Bitcoin Premium Index has hit a record-setting 50-day negative premium streak, which is now at 51 days.

This index tracks the difference in Bitcoin prices between Coinbase and other platforms, and the ongoing negative streak highlights reduced premium for Bitcoin on the exchange.

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Melker has recently reported on major developments in both crypto and equities. He noted Vitalik Buterin's statement that Ethereum's next rebuild will match the significance of the Merge and could take several years to complete, according to his coverage of Ethereum's roadmap. In a separate update, Melker reported that JPMorgan raised its S&P 500 year-end target to 7,800 on strength from AI-driven earnings.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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