Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Even with Bitcoin’s price experiencing waning performance or growing bearish pressure, bullish sentiment continues to increase strongly in the broader crypto market. Following the recent rally to a new all-time high, there has been a notable improvement in the BTC’s Coinbase Premium Index.
Positive Bitcoin Coinbase Premium Index
Bitcoin’s price may have experienced a slight pullback, but several key aspects still indicate a potential continuation of its recent upward trend. As the flagship digital asset gears up for an extended rally, Alphractal, an on-chain data analytics platform, mentions that a key market indicator is flashing signs of renewed investors’ interest.
In its post on X, the platform announced that Bitcoin’s Coinbase Premium Index
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!