Despite Bitcoin firmly standing at $80,000, the Coinbase Bitcoin premium index has started to turn negative

By: www.chaincatcher.com|2026/05/07 08:56:06

According to Coinglass data, despite btc-42">Bitcoin recently firmly standing above $80,000, the Coinbase Bitcoin premium index has started to turn negative. For most of April, the Coinbase Bitcoin premium index remained in positive territory.

In addition, the IFP index, which reflects market participants' risk appetite and the direction of capital flows, has fallen below the 90-day moving average, indicating to some extent that Bitcoin is flowing back from derivatives exchanges to spot exchanges, suggesting a weakening of speculative interest and risk aversion, which typically corresponds to bearish/risk-averse sentiment.

-- Price

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

🚨 Bitwise recommended AI stocks and $BTC against US debt risks. 📈 Matt Hougan states that chip and infrastructure companies will stand out if growth accelerates. 💸 Hougan mentions Bitcoin is seen as the main hedge in inflation scenarios. 🧭 In August, while Bitcoin recovered, corrections in tech ...

Bitcoin and Gold Reach All-Time High Correlation Coefficient

The correlation between Bitcoin (BTC) and gold prices has risen to an all-time high. The 90-day Pearson correlation coefficient has reached its peak, and the 30-day correlation coefficient has also risen to a yearly high of 0.8.

2-3% of IBIT Inflows Come from Self-Custody Wallets

An analysis revealed that about 2-3% of the inflows into BlackRock's Bitcoin spot ETF, the iShares Bitcoin Trust (IBIT), come from funds moved from self-custody wallets. Investors are considering...

PlanB: "The bitcoin bottom has already passed; I expect higher prices from now on"

Brussels Targets €10 Trillion in Dormant Savings

Strategy Resumes Bitcoin Purchases with $369.7 Million Acquisition

大冰要抄底（专注交易） Analyzes Bitcoin Trend Strategies

Russia's Largest Bank Accepts Bitcoin as Collateral Starting Today

Russia opens the door to crypto starting today. Sberbank, the largest bank in the country, wants to allow customers to borrow using Bitcoin, Ethereum, and USDT as collateral. The bank expects $46 billion in trading in the first year. But what is actually allowed? New Russian law makes crypto trading...

BitMine Adds 53,501 ETH In $131M Corporate Treasury Move

Gal Gadot Discusses AI in Bitcoin Film Production

Firelight Protocol Completes $8 Million Financing Led by Gumi Cryptos Capital

Bitcoin's Correlation with Nasdaq Drops from 60% to 33%

Global increases in bond yields and inflation fears have led to Bitcoin not just falling but rising to as high as $81,000.

Bitcoin Falls Below $78,000, Weak Historical Performance in September

Ireland: The new tax-free investment account closes its doors to crypto

Ireland is launching a tax-free investment account in 2027 open to stocks, bonds, and ETFs, but completely excludes crypto, deemed too risky.

Kalshi: The Most Requested Market by Users is 'My Divorce'

Waller's Warning: Inflation Still Too High for the Federal Reserve

BitcoinHabebe Predicts Short-Term Bitcoin Price Fluctuations

BlackRock Re-Underwrites Bitcoin, And The Portfolio Math Still Holds

BlackRock re-underwrites the Bitcoin thesis, finding that even modest allocations historically improved risk-adjusted returns in traditional portfolios.

Crypto Moves R$ 283 Billion in Brazil and Sets Record in the First Half of the Year

Saylor Buys 4603 BTC at 80318 Average After Selling 6948 BTC at 62250

PONS Is Up Over 100x: Here's Why Traders Are Racing to WEEX

PONS has rocketed from a July low to a $300M+ market cap, posting single-day gains near 50%. Here's what's driving the rally and how to trade PONS spot and futures on WEEX.