CryptoQuant's analysis shows that as a signal of rising demand for Bitcoin among U.S. investors, the Coinbase Bitcoin premium has turned positive for the first time since December 17, 2024. CryptoQuant analyst Burak Kesmeci stated: 'Since the U.S. approved the spot Bitcoin ETF, the behavior of U.S. investors has been a leading indicator in the cryptocurrency market. The data indicates that the behavior of U.S. investors has once again shifted towards dominant buying pressure.'

In addition, the analyst added that Bitcoin's recent breakthrough of the $100,000 mark is attributed to reduced selling pressure from miners and increased profitability for miners.