Bitcoin Climbs 3.4% as Coinbase Premium Signals Renewed US Demand

Edgen Crypto

·Feb 25 2026, 04:54

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Key Takeaways

The Coinbase BTC Premium, a key gauge of US investor demand, has turned positive for the first time in 40 days, providing a tailwind for Bitcoin's price. This development suggests a potential shift in market sentiment, with US-based buyers re-entering the market and counteracting recent selling pressure from other investment vehicles.

The Coinbase Premium flipped positive on February 24, 2026, ending a 40-day negative streak and indicating stronger buying on the US-based exchange.
Bitcoin's price responded by climbing 3.4% within 24 hours to trade near $65,907, demonstrating the impact of this renewed demand.
The indicator's positive turn is significant as it suggests organic spot buying is strong enough to absorb recent ETF outflows, signaling a healthier market structure.

Coinbase Premium Ends 40-Day Negative Streak

A key indicator of US investor appetite for Bitcoin turned positive on February 24, 2026, for the first time in 40 days. The Coinbase Premium, which measures the price gap between Bitcoin on Coinbase and other global exchanges, moved into positive territory, signaling that buying pressure on the US-based platform is outpacing other markets. This metric is closely watched as a proxy for spot demand from American institutional and retail investors. Its positive flip suggests an exhaustion of recent selling and a potential return of buyer-led momentum.

Bitcoin Rises 3.4% as US Demand Resurfaces

The shift in the Coinbase Premium directly corresponded with a notable price increase for Bitcoin, which climbed 3.4% to reach approximately $65,907. This price action indicates that renewed spot buying from US market participants is providing a firm support level for the asset. The move is particularly significant as it occurred despite recent outflows from Bitcoin exchange-traded funds (ETFs), suggesting that the underlying organic demand is robust enough to absorb selling from financial products and drive the market higher.