Bitcoin Stirs Up Market as Coinbase Premium Turns Negative After Fed Shift

Bitcoin Stirs Up Market as Coinbase Premium Turns Negative After Fed Shift

Bitcoin experienced a significant inflection point this week, with a pronounced market response following the Federal Reserve’s latest rate guidance and a notable shift in institutional sentiment. For the first time since late May, the Coinbase Premium Index—an important barometer of U.S.-based spot demand—has turned negative. This reversal marks the end of a 62-day stretch during which Coinbase's BTC/USD consistently traded at a premium to B...

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