Bitcoin Up 22%! Coinbase Prime Announces A Powerful Bull Run

Date:

September 28, 2024

15h05 ▪
3
min read ▪ by
Eddy S.

In September 2024, Bitcoin (BTC) enjoyed an exceptional performance, marking its best September on record. This spectacular rise is largely attributed to the return of the Prime Coinbase, a key indicator of demand from American investors. A trend that could well propel BTC to new heights!

Bitcoin up 22% in three weeks!

In the last three weeks, the price of BTC has increased by 22%, reaching levels not seen since August. On September 26, the Coinbase premium hit a two-week high, indicating strong buying pressure from U.S. investors. This premium measures the price difference between bitcoin on Coinbase and other exchange platforms and is often used to gauge U.S. investor demand.

This rise in the Coinbase premium coincides with an increase in daily inflows to Bitcoin…

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Bitcoin Up 22%! Coinbase Prime Announces A Powerful Bull Run

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