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Coinbase Premium Index Falls to 12-Month Low, Perhaps Reflecting “Increasing Selling Pressure” in Bitcoin

Coinbase Premium Index Falls to 12-Month Low, Perhaps Reflecting “Increasing Selling Pressure” in Bitcoin

The Coinbase Premium Index, a measure of retail investor demand for Bitcoin (BTC) in the US, has hit its lowest level in the 12 months leading up to the end of 2024. Analysts have warned that this could pose challenges to a short-term recovery in prices.

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