Coinbase Bitcoin Premium Hits -0.1931%, Extends 17-Day Negative Streak on June 4

BTC-7.04%
According to Coinglass data cited by BlockBeats, on June 4, Coinbase Bitcoin premium turned negative at -0.1931%, extending a 17-day trend since May 19. The negative premium reflects sustained selling pressure in the U.S. market, with Bitcoin falling from $77,000 to $62,000 during the period, suggesting American investors are driving the current pullback amid declining risk appetite.
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