As the price of the flagship cryptocurrency Bitcoin ($BTC) hovers around the $99,000 mark the Coinbase Premium Index, which measures the price difference between BTC on Coinbase and other exchanges, has “disappeared.” According to a post from CryptoQuant analyst “maartunn,” the index disappeared “as soon as Bitcoin tagged $98,000,” which means that spot exchange-traded funds […]
source: https://www.cryptoglobe.com/latest/2024/11/bitcoin-rally-stalling-coinbase-premium-disappears-as-btc-nears-100000-resistance/