Coinbase Bitcoin Premium Index Holds Positive for 9 Days at 0.0222%

Coinbase's Bitcoin Premium Index remained positive for a ninth consecutive day on Dec. 11, standing at 0.0222%, Coinglass data show. The index tracks the price difference between Bitcoin on Coinbase and the global average market price. BlockBeats reports the metric is regarded as a gauge of U.S. capital flows and institutional participation, with positive readings indicating Coinbase prices above the global average.