Coinbase Bitcoin Premium Index Hits 50-Day Consecutive Negative Reading, Longest Streak on Record

BTC0.44%
According to Coinglass data, Coinbase's bitcoin premium index has recorded 50 consecutive days of negative premium from May 19 to July 7, with the latest reading at -0.0742%. This surpasses the previous record of 40 consecutive days set from January 16 to February 24, 2026, and extends beyond the roughly 30-day streak observed during the 2011 market decline.
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