Bitcoin (BTC) rebounded above $90,000 over the past week, as extreme fear sentiment and US capital flows showed signs of improvement.
On Nov. 21, the BTC price fell below $81,000. With the recent shift, the **** et is trading close to $91,000 at the time of writing.
According to data provided by Coinglass, the Coinbase Bitcoin Premium Index (CBPI) turned positive for the first time since Oct. 30.
The indicator, which measures the Bitcoin price ratio between Coinbase and the global market, suggests that the digital gold is trading at a premium on the US-based exchange.
Moreover, Coinglass s
On Nov. 21, the BTC price fell below $81,000. With the recent shift, the **** et is trading close to $91,000 at the time of writing.
According to data provided by Coinglass, the Coinbase Bitcoin Premium Index (CBPI) turned positive for the first time since Oct. 30.
The indicator, which measures the Bitcoin price ratio between Coinbase and the global market, suggests that the digital gold is trading at a premium on the US-based exchange.
Moreover, Coinglass s
21 days ago
