The 8-Week Bitcoin Demand Drought Points to Where the Money Went

Bitcoin (BTC) buyers in the United States have gone quiet. The Coinbase Premium Index, a gauge of US Bitcoin demand, has stayed negative since May 6, its longest weak stretch in more than a year. The signal matters because it shows who is stepping back. A negative premium means American investors are paying less for The post The 8-Week Bitcoin Demand Drought Points to Where the Money Went appeared first on BeInCrypto.