According to Coinglass data, the Coinbase Bitcoin Premium Index is tentatively trading at 0.0204%. It is reported that the Coinbase Bitcoin Premium Index is an indicator that measures the percentage difference between the price of Bitcoin on CoinbasePro (USD pair) and the price on Binance (USDT trading pair). Coinbase is a popular cryptocurrency exchange among US investors (especially large institutions), while Binance has a larger global user base. This means that the difference between the price of BTC on the two platforms can suggest whether US investors have exerted more buying pressure on the market than global investors.