Bitcoin Coinbase Premium Turns Negative as Institutional Trading Volume Surges

Share

Bitcoin (BTC) signals tied to U.S. institutional positioning sent mixed messages on Monday UTC, as the widely watched ‘Coinbase premium’ flipped negative even while ‘institutional trading volume’ surged and net inflows remained marginal. According to CryptoQuant data, Bitcoin netflow on Coinbase Advanced—a venue frequently used by U.S.-based professional and institutional participants—stood at a preliminary +26 BTC on April 28 UTC.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles