Published Jul 17, 2026, 11:21 AM ET · Updated 4 months ago · 2 sources
THE BLOCK: The Coinbase bitcoin premium has been negative for a record 60 straight days since May 19. The gauge tracks U.S. institutional demand, surpassing the previous 40-day record, per CoinGlass. Bitcoin also fell below $63,000 Friday as the chip rout dragged crypto lower.
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Original Report
THE BLOCK: The Coinbase bitcoin premium has been negative for a record 60 straight days since May 19. The gauge tracks U.S. institutional demand, surpassing the previous 40-day record, per CoinGlass. Bitcoin also fell below $63,000 Friday as the chip rout dragged crypto lower.