Digital Currency
Add as a preferred source on GoogleAn earlier EconoTimes report put the index at -0.1259% on Oct. 25.
A negative reading reflects the relative price gap; it does not establish whether U.S. traders overall were net buyers or sellers.
EconoTimes’ Oct. 25 report on the index’s 33-day run put that day’s value at -0.1259% and described CryptoQuant’s methodology as comparing Bitcoin’s U.S. dollar price on Coinbase with Tether (USDT) pricing on Binance. That earlier coverage said the 33-day stretch followed a previous 97-day negative run that ended when the index rose above zero on Aug. 24.
CryptoQuant put the Coinbase premium at -0.19% on Oct. 31, its fifth straight negative daily reading.
CryptoQuant put Prime’s Oct. 31 volume at 2,436.10 BTC. CFTC data showed leveraged funds held more short than long CME futures contracts as of Oct. 27.
CryptoQuant put 24-hour turnover at $12.43 billion and recorded a 0.9933 SOPR reading, while exchange reserves declined 0.59%.
