According to BlockBeats news, on November 2, according to Coinglass data, the Coinbase Bitcoin Premium Index temporarily reported -0.038%.
The Coinbase Bitcoin Premium Index is a measure of the percentage difference between the price of Bitcoin on Coinbase Pro (USD pair) and the price on Binance (USDT trading pair).
This means that the difference between BTC prices on the two platforms could hint at whether US investors are exerting more buying pressure on the market than global investors.
