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Bitcoin hits $62K while Coinbase premium hits 77-day negative streak
Bitcoin reached $62,000 while Coinbase's premium experienced a 77-day negative streak. The discount indicates US spot buyers are less aggressive than overseas traders, despite positive US Bitcoin ETF inflows in July.
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Adjacent reporting
- Bitcoin Coinbase Premium turns negative as BTC price drops, weekly losses top $829M
- Bitcoin price returns to $60K as US dollar strength rejects weekly high
- Bitcoin's 'Coinbase premium' just posted its longest bullish streak since October's record high of $126,000
- Bitcoin's widely tracked Coinbase Premium turns negative as realized losses spike to $6 billion
- Bitcoin ETFs snap nine-day inflow run as BTC slips below $77K