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Coinbase Bitcoin (BTC) Discount Extends to 33 Consecutive Days

The Oct. 25 reading was -0.1259%. The index compares prices; it does not tally overall U.S. investor activity.

Updated 1 min read
Pedestrians pass an office building in downtown San Francisco, California. / EconoTimes.ai
Pedestrians pass an office building in downtown San Francisco, California. / EconoTimes.ai

CryptoQuant’s Coinbase Premium Index stayed below zero on Oct. 25 for a 33rd consecutive day, extending the run of lower Coinbase pricing measured by the indicator.

The Oct. 25 value was -0.1259%. CryptoQuant’s Coinbase Premium Index compares BTC/USD on Coinbase with BTC/USDT on Binance; it does not show whether U.S. traders were net buyers or sellers.

The current 33-day stretch followed a 97-day period below zero. That earlier run briefly ended on Aug. 24, when the index rose above zero, before readings turned negative again.

The Oct. 24 reading was -0.13%, according to an earlier EconoTimes report on Coinbase’s discount.

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