Coinbase Premium Index Flips Positive
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•Bitcoin Coinbase Premium Index Flips Bullish, Here's Price Reaction
66% Informative
The Bitcoin (BTC) Coinbase Premium Index is flashing positive readings for the first time this year and since at least December 16 .
Since the 72-hour timeframe, BTC price has jumped by 4% , edged closer to $ 100,000 , a move that aligns with historical contexts.
Bitcoin ’s 14-day Simple Moving Average also flipped positive 3 days ago .
The digital currency ecosystem in the United States is already reacting to the incoming inauguration of self-proclaimed Bitcoin President Donald Trump .
At the time of writing, Bitcoin was changing hands for $ 102,217.34 , up 3.78% in the past 24 hours .
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