Bitcoin's 'Coinbase premium' just posted its longest bullish streak since October's record high of $126,000

What Happened

Bitcoin's Coinbase premium index has posted its longest bullish streak in six months, remaining positive for fourteen consecutive days through April 22. This sustained premium indicates aggressive U.S. institutional buying, a historically bullish signal. The metric strengthens confidence in current rally despite geopolitical uncertainties and market volatility affecting cryptocurrencies globally.

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