Bitcoin Coinbase Premium stays deeply negative: Is $66K BTC price next?
Bitcoin price dips below $87,000 as Coinbase Premium hits 12-month lows, hinting at a potential drop to $66,000. Analyze US demand and technicals.
Bitcoin price dips below $87,000 as Coinbase Premium hits 12-month lows, hinting at a potential drop to $66,000. Analyze US demand and technicals.
Ethereum whales and institutions have moved $110 million worth of ETH to exchanges amid selling pressure, but rising staking demand and technical signals offer hope for cautious optimism.
Wall Street’s purchase of Bitcoin at $94,000 per BTC marks a significant milestone, with US spot demand driving the Coinbase premium green for the first time in 13 days.
The Coinbase Premium Index reveals a gradual warming of U.S. investors to Bitcoin, but experts warn that the cryptocurrency is not out of the danger zone yet.
Bitcoin’s market has reached a stalemate, with the price trading near $88,000, as profit-taking meets long-term demand and on-chain data shows equilibrium.
The Bitcoin Coinbase Premium Index has dropped to its lowest level since February, threatening the critical $80,000 support level. However, analysts see reasons for optimism despite potential short-term volatility.
Bitcoin’s rise past $90K signals renewed confidence, driven by positive market indicators and a dovish Fed policy.