According to BlockBeats, on November 7, according to Coinglass data, the Coinbase Bitcoin Premium Index was temporarily reported at 0.1291%.
BlockBeats Note: The Coinbase Bitcoin Premium Index is an indicator that measures the percentage difference between the Bitcoin price on Coinbase Pro (USD pair) and the price on Binance (USDT trading pair).
This means that the difference between BTC prices on the two platforms could hint at whether U.S. investors are exerting more buying pressure on the market than global investors.
