📈 Bitcoin Demand in the U.S. Surges: Coinbase Premium Hits 4-Month High 🇺🇸
US-based demand for Bitcoin is heating up again 🔥. According to new on-chain data from CryptoQuant, the Coinbase Premium — a key indicator of U.S. buying pressure — just hit its highest point since February.
This metric tracks the price gap between Coinbase’s BTC/USD and Binance’s BTC/USDT pairs. A rising premium typically signals strong U.S. spot demand — and on June 6, it spiked to $109.55, marking the largest difference since Feb. 3, 2025.
At the same time, we’re seeing a major outflow of BTC from centralized exchanges. In less than a year, 550,000 BTC has been pulled from exchange reserves, showing that more holders are opting for self-custody or long-term storage. 🚀
📊 Importantly, despite this demand uptick, analysts say there are still no signs of overheating in the market. This could set the stage for a positive trend through the end of 2025.
This aligns with my own market sentiment — long-term bullish with smart accumulation strategies still very relevant in 2025. Stay sharp and watch the premiums. 🧠💼
📎 Source: Cointelegraph
#Bitcoin #CryptoQuant #CoinbasePremium #BTC #CryptoMarkets #Binance #OnChainData #CryptoNews2025 $BTC $ETH