Coinbase BTC premium flips negative (-0.20) as $63,000 slide hits US market

On February 5, the BTC Coinbase premium turned to -0.20 and reached its lowest since January 2025, suggesting US-side selling. By February 6, 2026, BTC had fallen to $63,000, with Binance at $64,962.23 and Coinbase at $64,754.43. Oversold signals include an RSI of 21.70 and a fear and greed index at five.