Bitcoin Premium Index on a Certain Exchange Temporarily Reported at 0.0204%

According to a report by Jinse Finance, Coinglass data shows that the Bitcoin premium index on a certain exchange is currently at 0.0204%. The Bitcoin premium index measures the percentage difference between the Bitcoin price (USD pair) on one exchange and the price (USDT pair) on another exchange. One of these exchanges is popular among U.S. investors, especially large institutions, while the other has a broader global user base. This means that the price difference of BTC between the two platforms can indicate whether U.S. investors are exerting greater buying pressure on the market compared to global investors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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