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Updated 29 April 2026 at 02:19 amCoinCex editorial review

Coinbase Premium Index Drops Below Zero as Bitcoin Loses Over $829 Million in a Week

#Markets

Bitcoin's price decline aligns with reduced buying pressure on US spot markets, with the Coinbase Premium Index shifting into negative territory for the first time in three weeks.

Bitcoin price followed weakening US spot market demand as the Coinbase Premium Index turned negative for the first time in three weeks.
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Coinbase Premium Index Drops Below Zero as Bitcoin Loses Over $829 Million in a Week