BlockBeats News, on November 2, according to Coinglass data, the Coinbase Bitcoin Premium Index is currently reported at -0.038%.

The Coinbase Bitcoin Premium Index is an indicator that measures the percentage difference between the Bitcoin price (USD pair) on Coinbase Pro and the price on Binance (USDT trading pair).

This means that the difference in BTC prices between the two platforms may suggest whether American investors are applying greater buying pressure on the market compared to global investors.