The Premium Coinbase Indicator of Bitcoin (BTC), which measures the gap between the prize labeled in BTC dollars on the exchange of Coinbase and the prize labeled on the Binance, overthrew the negative for the first time from the crash of February 3, according to the source of Coinglass data.
It is a sign that traders during the stock market listed at the Nasdaq became cautious before the release of American CPI on Wednesday, and their offshore counterparts led prices against night lows close to $ 94,900 to 96 $ 000.
Historically, Bull Runs was marked by prices at a premium on Coinbase, indicating a solid leadership on the part of American investors. The premium climbed at peaks of two months at the beginning of November while the BTC increased in its unexplored territory, above $ 70,000.
