The Coinbase Bitcoin Premium Index monitors the price differential between BTC on Coinbase Pro and Binance. Where do US investors, particularly institutions, prefer to make purchases? Given that Coinbase is the largest and most liquid exchange in the region, the majority of transactions take place there. Consequently, when demand spikes on Coinbase, the price disparity between Binance and Coinbase widens. Conversely, when demand is low, the gap narrows, suggesting subdued interest. Binance, in contrast, caters to a diverse global customer base.
