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The CEX Bitcoin premium index has been negative for three consecutive weeks.

[CEX Bitcoin Premium Index Has Been Negative for Three Consecutive Weeks] According to data from CryptoQuant, the CEX Bitcoin Premium Index has remained negative for three consecutive weeks since turning from positive to negative on October 31. The premium index is positive when the Bitcoin price on CEX is higher than the global average price, and negative otherwise. The current trend indicates significant selling pressure in the US market and a decrease in investor risk appetite.

BTC1.14%
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