Bitcoin Premium Index Records 78-Day Negative Streak, Setting New Record

Coinbase Bitcoin premium index stays negative for 78 days, hitting -0.1145%, surpassing previous records and signaling potential institutional outflows.

Woofun AI data shows that the Coinbase Bitcoin premium index has maintained a negative value for 78 consecutive days, extending from May 19 to the present. The current reading stands at -0.1145%, eclipsing the prior record of 40 consecutive negative days observed between January 16 and February 24 this year. This duration also exceeds the approximately 30-day negative streak recorded during the "1011 crash." Historical patterns indicate that sustained negative premiums often correlate with institutional capital exiting the United States, suggesting caution regarding short-term downward pressure.