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The so-called “Coinbase Premium Index” – which measures the value distinction for bitcoin on Coinbase in comparison with Binance, the main alternate by buying and selling quantity – rose to 0.12 Thursday, its highest studying since Might 2023, based on knowledge from analytics agency CryptoQuant. “Excessive premium values might point out US buyers’ sturdy shopping for strain in Coinbase,” CryptoQuant mentioned.
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