📊 INSIGHT: The Coinbase premium index fell to a 12-month low due to increasing seller pressure in the US market, says analyst.
On Dec. 31, it fell to its lowest point of - 0.23. On the same day, Bitcoin briefly dropped to $91,479 on Dec. 31, its lowest point since Nov. 27. CryptoQuant contributor Burakkesmeci attributed this to a “low-liquidity market at year-end."