Bitcoin hits $62K while Coinbase premium hits 77-day negative streak
CoinTelegraph·
60-second summary
Bitcoin surges past $62K, while Coinbase premium extends its negative streak to 77 days, indicating US spot buyers remain less aggressive than overseas traders. This trend persists despite US Bitcoin ETF inflows turning positive in July. The discount suggests a divergence in global buying behavior, with implications for the US market's growth trajectory and investor sentiment.
The persistent discount suggests US spot buyers have remained less aggressive than overseas traders even as US Bitcoin ETF inflows turned positive in July.