According to Coinglass data, the Coinbase Bitcoin Premium Index is temporarily trading at -0.0987%. The Coinbase Bitcoin Premium Index measures the percentage difference between the price of Bitcoin on Coinbase Pro (USD pair) and the price on Binance (USDT pair). Coinbase is a popular cryptocurrency exchange among US investors, especially large institutions, while Binance has a larger global user base. This means that the difference between the BTC prices on the two platforms could suggest whether U.S. investors have exerted more buying pressure on the market than global investors.