Coinbase Bitcoin Premium turned positive, indicating renewed buying activity from US-based institutions after an extended period of negative sentiment. The premium tracks Bitcoin’s price difference on Coinbase compared to other global exchanges, serving as a key gauge for US investor demand.

The metric functions as a market indicator that reveals when US participants are paying higher prices for Bitcoin relative to international platforms. When positive, it typically signals increased institutional buying pressure through the US-based exchange.

The shift to positive territory marks a reversal from the prolonged negative phase that had characterized the premium recently. This change suggests US institutions have resumed accumulating Bitcoin positions, reflecting improved investor confidence in digital assets.