Share this article
Bitcoin’s ‘Coinbase premium’ just posted its longest bullish streak since October’s record high of $126,000
Bitcoin’s Coinbase premium has been positive for 14 straight days, the longest bullish streak since BTC hit its all time high of $126,000 in October.
Apr 22, 2026, 6:24 a.m.
What to know:
- Bitcoin’s Coinbase premium has been positive for 14 straight days, the longest bullish streak since October 2025.
- The persistent positive reading points to a relatively stronger buying from U.S. investors.
This index has been positive for 14 consecutive days, from April 9 through today, April 22, according to data source Coinglass. That is the longest unbroken stretch of positive readings since October.
Here is why it matters
The Nasdaq-listed Coinbase is the go-to-exchange for U.S. institutions – corporate treasuries, hedge funds and regulated alternative investment vehicles such as the ETFs. So, when bitcoin’s price trades at a premium on Coinbase relative to prices on offshore giant Binance, it means U.S. buyers are being aggressive in purchasing BTC. Historically, strong buying from U.S. investors has been a feature of bull runs.
