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The so-called “Coinbase Premium Index” – which measures the worth distinction for bitcoin on Coinbase in comparison with Binance, the main change by buying and selling quantity – rose to 0.12 Thursday, its highest studying since Could 2023, in keeping with knowledge from analytics agency CryptoQuant. “Excessive premium values might point out US traders’ sturdy shopping for stress in Coinbase,” CryptoQuant stated.
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