Data: The Coinbase Bitcoin Premium Index has been in negative premium for 30 consecutive days, setting the longest "negative streak" of the year to date

According to Coinglass data, the Coinbase Bitcoin Premium Index has been in negative premium for 30 consecutive days, currently reported at -0.0566%, setting the longest "negative streak" record of 2026 so far. This year, there have only been two days with positive values, which were 0.011% on January 6 and 0.0023% on January 15.

The Coinbase Bitcoin Premium Index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. A negative premium typically reflects significant selling pressure in the U.S. market, a decline in investor risk appetite, increased market risk aversion, or capital outflows.