![Bitcoin-BTC-Prices-No-Longer-at-a-Premium-on-Coinbase.png Bitcoin: Coinbase premium index (SMA 7). (CryptoQuant)](https://cryptotoptrends.com/wp-content/uploads/2024/03/Bitcoin-BTC-Prices-No-Longer-at-a-Premium-on-Coinbase-678x381.png)
The seven-day moving average of the so-called Coinbase Premium indicator, which tracks the spread between bitcoin’s prices on the Nasdaq-listed Coinbase (COIN) exchange and the offshore giant Binance, has flipped negative, according to data tracked by CryptoQuant.
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