As of July 8, 2026, the Coinbase Bitcoin Premium Index has been negative for 50 consecutive days, marking the longest period of negative values on record for this metric, with the latest reading at approximately -0.0742%. This indicates that the price of Bitcoin on Coinbase is lower than that on Binance. The index compares Bitcoin prices between Coinbase and Binance, and a negative value typically suggests that demand from U.S. buyers is weaker than that from the international market. This negative period began on May 19, 2026, surpassing the previous record of 40 consecutive days of negative values.
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