how much more (or less) BTC trades for on Coinbase vs the rest of the world, in basis points.
Coinbase Premium is how much more (or less) BTC trades for on Coinbase vs the rest of the world, in basis points.
Coinbase is where US institutions buy, a positive premium means Americans are paying up.
it separates real US spot demand from offshore leverage games.
This is one of the nine signals fused into the Pulse Score (as "Coinbase premium"). Every hourly briefing re-ranks all 12 coins on it. See Methodology for the full input list.
whether the buy side or sell side of the exchange order book is heavier
Next explainerBitcoin's share of the entire crypto market cap, as a percent
Explainer generated Sep 24, 2026 from the desk glossary. Not financial advice.