MadsEberhardt_Steno2024-03-26

Returning to Positive

In the past few days, two vital but also interconnected factors have returned to positive territory, pointing the Bitcoin price upwards rather than down. The Coinbase Premium Index is now at a premium once again, indicating that U.S. retail and institutions are buying once more. In yesterday's trading session, the Bitcoin spot ETFs broke a five-day streak of outflows by seeing a net inflow of about $15.7 million.