BlockBeats News, July 17th, according to Coinglass data, Coinbase's Bitcoin Premium Index has been in a negative premium range for 60 consecutive days (since May 19th), with the latest value being -0.0908%.

Prior to this, the index was in a negative premium range for 40 consecutive days from January 16th to February 24th this year, setting the longest "consecutive negative" record since the introduction of the index, surpassing the number of days of continuous negative premium during the "1011 Crash" period, which was about 30 days.