Bitcoin hits $62K while Coinbase premium hits 77-day negative streak

CryptoInfo Editorial Team · Published on August 03, 2026 at 05:58 · Updated on August 03, 2026 · 1 min read

✓ AI-assisted, based on real reporting ✓ Educational content only — not financial advice ✓ Transparent Methodology

Key Takeaways

→Bitcoin has reached a price of $62K.
→The Coinbase premium has been in a 77-day negative streak.
→US spot buyers have remained less aggressive than overseas traders despite positive US Bitcoin ETF inflows in July.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Bitcoin has hit $62K, a notable milestone for the cryptocurrency. However, despite this upward movement, the Coinbase premium has entered a 77-day negative streak.

According to reporting from CoinTelegraph, this persistent discount suggests that US spot buyers have remained less aggressive than overseas traders. Interestingly, this trend has continued even as US Bitcoin ETF inflows turned positive in July.

The Coinbase premium is an indicator of the difference in price between Bitcoin on Coinbase and other major exchanges. A negative premium can indicate that US-based buyers are not driving up the price of Bitcoin as much as buyers in other regions.

Source: CoinTelegraph ↗

Related Coins

Bitcoin BTC