Coinbase Bitcoin Premium Points to US Investors Staying on Sidelines on Election Day

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The metric compares bitcoin’s price on Coinbase to its price on Binance to gauge US versus non-US demand. Rallies are usually more sustainable when the premium is positive.

Coinbase cryptocurrency stock market name on abstract digital background. Coinbase logo with Bitcoin (Shutterstock)

The price of BTC on Coinbase briefly rose above $70,500 on Tuesday.

(Shutterstock)

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