• demand signal turns negative for a record 40 days The indicator last printed positive on Jan. • Its failure to fully recover after a Feb. • 5 rebound suggests U.S. • demand remains structurally absent rather than temporarily paused. • What to know: The Coinbase Bitcoin Premium Index has stayed negative for 40 straight days, its longest sub-zero streak since 2023, signaling persistent weakness in U.S. • While bitcoin has rebounded about 15 percent from its Feb.

Article Summaries:

  • Bitcoin’s U.S. demand signal has turned negative for a record 40 consecutive days, the longest sub‑zero streak since 2023, according to the Coinbase Bitcoin Premium Index. The index, which tracks the price gap between Bitcoin on Coinbase and the global average, has hovered around -0.05 % after narrowing from -0.22 % earlier in February. Although Bitcoin has rebounded roughly 15 % from its Feb. 5 low and climbed above $62,000, the premium has not recovered, suggesting recent buying came largely from outside U.S. hours or venues. U.S. investors’ skepticism is further reflected in record domestic Google searches for “bitcoin zero.”

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