The Coinbase Premium index, which tracks the price difference of Bitcoin between Coinbase and Binance, stayed in negative territory throughout October. Data from CryptoQuant indicates that this trend reflects a lack of significant buying activity from U.S. investors in the Bitcoin market.
As of October 25, the index recorded a value of -0.1259 percent. This marks 33 days in a row where the premium remained below zero. During this period, Bitcoin has been trading near $79 900, with prices on Coinbase consistently lower than those on Binance.
Market participants are now watching for potential shifts in U.S. buyer behavior that could alter this trend. Additionally, analysts are monitoring Ethereum price projections, noting that current market data suggests a low likelihood of the asset reaching $10 000 by the end of 2026.
