Bitcoin's widely tracked Coinbase Premium turns negative as realized losses spike to $6 billion
A metric tracking U.S. spot demand has flipped red just as onchain data shows realized losses surging to $5.97 billion.
With the Coinbase Premium turning negative and realized losses spiking, it is likely that BTC prices will face downward pressure in the short term. Increased selling activity may lead to further declines.
A metric tracking U.S. spot demand has flipped red just as onchain data shows realized losses surging to $5.97 billion.
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