#Coinbase Premium Reversal#
Hot Topic Overview
Overview
The recent reversal of the Coinbase premium indicates renewed buying interest from US investors ahead of Trump's inauguration. Previously, the Coinbase premium had remained subdued, even dipping into a discount, reflecting a lack of interest and demand from US investors. In November and December 2024, Bitcoin prices surged above $108,000, driven largely by US investors, and the Coinbase premium persisted during that period. The current reversal of the Coinbase premium suggests a resurgence of buying interest in Bitcoin among US investors, and the inauguration of Trump is expected to further boost market sentiment.
Ace Hot Topic Analysis
Analysis
Coinbase premium has turned positive, indicating renewed buying interest from US investors ahead of Trump's inauguration. Previously, the Coinbase premium had been languishing, even seeing a discount, suggesting a lack of interest and demand from US investors. This contrasts with the situation in November and December 2024, when Bitcoin prices surged to over $108,000, driven largely by US investors, and the Coinbase premium also continued to rise. The current positive Coinbase premium suggests that US investors are showing renewed interest in Bitcoin, and are likely waiting to see if Trump will deliver on his promises, potentially making significant purchases ahead of his inauguration.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Coinbase premium reversal indicates renewed buying interest from US investors ahead of Trump's inauguration.
The Coinbase premium indicator, which mainly measures the price difference between Bitcoin on Coinbase and Binance, has remained low, indicating a lack of interest and demand from US investors.
Between November and December 2024, Bitcoin surged from $70,000 to over $108,000, driven mainly by US investors, with Coinbase showing a sustained premium.
US investors are waiting to see if Trump will deliver on his promises before making investment decisions.