Bitcoin hits $62K while Coinbase premium hits 77-day negative streak
The persistent discount suggests US spot buyers have remained less aggressive than overseas traders even as US Bitcoin ETF inflows turned positive in July.
Watchlist
Fresh in the current trading session. Multiple named entities are involved.
The persistent discount suggests US spot buyers have remained less aggressive than overseas traders even as US Bitcoin ETF inflows turned positive in July.
Why this matters
Bitcoin is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on CointelegraphRelated market context
Coinbase Posts $359 Million Q2 Loss as Revenue Falls 14%, but Market Share Hits Record 10.3%
Coinbase reported $1.22 billion in second-quarter revenue on Thursday, down 14% from the first quarter and short of the roughly $1...
Bitcoin spot ETFs report $62M in net outflows, ending three-week inflow streak
The recent outflows in Bitcoin spot ETFs highlight the volatility and shifting investor sentiment in the crypto market, impacting...
Coinbase Exec ‘Relentlessly Optimistic’ on CLARITY Act Odds
Coinbase Head of Institutional Strategy John D’Agostino says he remains “relentlessly optimistic” the CLARITY Act passes, even as...
XRP extends the longest active ETF inflow streak in crypto as rival funds struggle for fresh cash
XRP funds led altcoin inflows in July, extending a four-month streak that increasingly separates them from most rival products. Th...
Coinbase spent 5 years building a life raft away from Bitcoin and still managed to lose $359M
Coinbase told investors on Thursday that 88% of its second-quarter net revenue came from something other than Bitcoin spot trading...
Coinbase Hits Record 10.3% Market Share Despite $359M Loss
Coinbase Global (Nasdaq: COIN) captured an all-time-high 10.3% share of global crypto trading volume in the second quarter, even a...