Coinbase Premium Index Plunges to 12-Month Low, Signaling Waning U.S. Investor Demand

A key indicator of interest in the cryptocurrency space within the United States has slumped to a 12-month low, raising concerns about the flagship cryptocurrency’s near-term price prospects. According to a post from CryptoQuant analyst Burak Kesmeci, the Coinbase Premium Index, which measures the bitcoin price difference between Coinbase and other major cryptocurrency exchanges, particularly […]