Bitcoin Coinbase Premium Gap Remains In Positive Zone — What This Means For Price
Bitcoin's price has surged over 13% in the past week, surpassing $90,000 and reaching above $95,000 for the first time since February 2025. This increase follows a two-month period where Bitcoin struggled below $87,000. On-chain data indicates a potential positive shift in investor sentiment, suggesting a possible return of the Bitcoin bull run. A crypto analyst noted that increased interest from exchange-traded fund (ETF) investors may have fueled this rally. The Coinbase Premium Gap, which tracks Bitcoin prices between Coinbase Pro and Binance, has remained positive for over 265 hours, indicating aggressive purchasing by US investors, particularly through ETFs. This trend historically correlates with positive price movements and accumulation phases for Bitcoin, potentially sustaining its bullish momentum.
