Coinbase premiums turned positive for the first time since October 18
2024-11-07 15:20:21
Cryptoquant research display tron princeton post-election coinbase premiumdesk3cryptocurrencydesktopCrypto News
CryptoQuant research shows that after Trump's election victory, the Coinbase premium turned positive for the first time since October 18, reflecting the increase in demand for bitcoin from US investors. Institutional investors' interest is particularly strong, with CME bitcoin futures trading volume reaching a new high of $13.15 billion per day, and the monthly non-position squaring contract also hit a record of $11.73 billion, indicating that institutions have significantly increased their active level in the bitcoin market.
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