PiCK
Bitcoin Coinbase Premium Stays Positive for 14 Days, Longest Stretch in Six Months
Summary
- CoinDesk reported that Bitcoin’s Coinbase Premium index remained positive for 14 straight days starting on April 9, the longest such streak in about six months.
- A positive Coinbase Premium signals stronger US demand for Bitcoin, while a negative reading points to weaker demand and coincided with Bitcoin falling from the $100,000 range to the $60,000 range.
- CoinDesk said US demand held up despite geopolitical uncertainty and DeFi market instability, while Bitcoin rose more than 2%% and reclaimed the $78,000 level.
Forecast Trend Report by Period
Bitcoin’s Coinbase Premium indicator has remained in positive territory for two straight weeks.
CoinDesk reported on April 22, citing data from on-chain analytics firm Coinglass, that the Coinbase Premium Index stayed above zero for 14 consecutive days from April 9 through April 22. That marks the longest positive streak in about six months, since October 2025, when Bitcoin hit an all-time high.
The Coinbase Premium measures the gap between Bitcoin prices on Coinbase and Binance. Because Coinbase is widely seen as a key crypto trading venue for US institutions, a positive reading typically signals stronger US demand for Bitcoin.
A negative reading, by contrast, suggests weaker US demand. The index remained mostly below zero from mid-December 2025 through late February 2026. During that period, Bitcoin fell from the $100,000 range to the $60,000 range.
CoinDesk said the 14-day run in positive territory shows US demand has held up despite geopolitical uncertainty and instability in the decentralized finance, or DeFi, market.
Bitcoin rose more than 2% on the day, reclaiming the $78,000 level.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
