Keshav Verma
US Bitcoin buying pressure is still not there.
The Coinbase Premium Gap, which measures the difference between the Bitcoin prices listed on Coinbase (USD pair) and Binance (USDT pair), has recently turned slightly positive following a negative streak, but its level remains muted. A positive value indicates that buying pressure on Coinbase, which is widely used by US-based investors, is outpacing that on Binance. Thus, the recent shift suggests some return of American buying interest. However, with the metric still close to the neutral boundary, this demand remains relatively weak, at least for now.