Coinbase 'Negative Premium' at Widest Level since Q1, Signalling Weak U.S. Demand

Coinbase is currently experiencing a 'negative premium' that has reached its widest level since the first quarter of this year, indicating a significant decline in demand for cryptocurrency among U.S. investors. This situation suggests that the market sentiment is not favoring Coinbase at the moment, which could reflect broader economic concerns or reduced interest in digital assets within the United States. source: https://www.coindesk.com/markets/2025/11/22/coinbase-negative-premium-at-widest-level-since-q1-signalling-weak-u-s-demand