Odaily Planet Daily reported that CryptoQuant analyst burakkesmeci stated that the price of Bitcoin has reached a historic high of $112,014, while the Coinbase premium gap has risen to 42 points. This means that the price of Bitcoin on Coinbase is $42 higher than on Binance, indicating strong demand from American investors. It is worth noting that this premium is not the highest value of the week. Last week, the gap reached 87.76 points, indicating stronger buying pressure. The analyst pointed out that the Coinbase premium gap is an important indicator of American investor demand. A positive premium usually means increased interest in Bitcoin from institutions or retail investors. Even after hitting a historic high, demand remains strong, suggesting that market bullish sentiment may not yet be over.

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