#BTCvsMarkets As an analyst pointed out in a quick post on the CryptoQuant platform, the gap between Bitcoin's price on Coinbase has dropped to a negative value. The term "Coinbase Premium Gap" refers to an index that tracks the difference between the price of Bitcoin (USD pair) listed on Coinbase and its price on Binance (USDT pair).
When the value of the index is positive, it means that the cryptocurrency is being traded at a higher price on Coinbase compared to Binance. This trend indicates that investors on Coinbase are engaging in larger purchases (or selling less) compared to investors on Binance.