"Bitcoin, Coinbase Premium Turns Positive… Expecting Increased Institutional Demand"

Source
Uk Jin

Summary

  • Ali Martinez reported that the Bitcoin Coinbase Premium turned positive.
  • He assessed that an increase in Bitcoin demand from U.S. institutional investors is expected.
  • This indicates that institutional demand could have a positive impact on the Bitcoin market.
Image captured by Ali Martinez on X
Image captured by Ali Martinez on X

On the 11th (local time), cryptocurrency trader Ali Martinez announced on X (Twitter) that "last week, the Bitcoin (BTC) Coinbase premium turned positive."

Regarding this, he assessed, "It is worth expecting an increase in Bitcoin demand from U.S. institutional investors."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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