Coinbase Bitcoin Premium Index Narrows to -0.08% as US Buying Interest Shows Signs of Recovery

The Coinbase Bitcoin Premium Index narrowed to -0.08% on Feb. 9, signaling a pickup in US buying interest, Coinglass data show. The index tracks the price difference between Bitcoin on Coinbase and the global average, serving as a gauge of US capital flows and institutional participation. A positive premium indicates Coinbase prices trade above the global average, typically reflecting stronger US demand, institutional inflows and higher risk appetite, while a negative premium suggests heavier selling pressure or capital outflows.