US Bitcoin Demand Persistent Weakness
Persistent weakness in U.S. spot Bitcoin demand is indicated by the Coinbase Bitcoin Premium Index remaining negative for a record 60 consecutive days
Too little corroboration in the last 3 days to call a trend (5 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"The Coinbase Bitcoin Premium Index has extended its record-breaking negative streak to 90 consecutive days. Such a trend might indicate weaker buying pressure."
"Bitcoin's Coinbase Premium also remained negative. A negative reading means Bitcoin trades at a discount on Coinbase relative to Binance, pointing to weaker U.S. spot demand compared with offshore markets."
"Without stronger spot market participation, the market remains structurally fragile. If spot selling remains subdued, derivatives-driven momentum could continue supporting a short-term rebound. But if spot selling accelerates again, CryptoQuant warned the current rally could end in a significant wave of long liquidations."
"The Coinbase Bitcoin Premium Index has stayed negative for a record 60 consecutive days since May 19, according to Coinglass, which means bitcoin has traded at a discount on the largest US exchange for two straight months while US spot bitcoin ETFs logged $5.4 billion in net outflows during the first half of 2026"
"the Coinbase Bitcoin Premium Index has now stayed negative for a record 60 consecutive days. This signals persistent weakness in U.S. spot demand since May 19."