BlockBeats reported on November 2nd, according to Coinglass data, that the Coinbase Bitcoin Premium Index is currently at -0.038%.
The Coinbase Bitcoin Premium Index is an indicator that measures the percentage difference between the price of Bitcoin (in USD) on Coinbase Pro and the price on Binance (in USDT trading pairs).
This means that the difference in BTC prices between the two platforms can suggest whether U.S. investors are exerting greater buying pressure on the market compared to global investors.
