[Wall Street liquidity radar] Bitcoin’s U.S. discount widens as institutional trading falls

Bitcoin’s U.S. price discount widened in the latest daily reading while institutional trading fell sharply, leaving little evidence of a recovery in buying demand. The Coinbase premium remained negative, and Coinbase Prime trading volume dropped to 2,096.84 BTC. The price gap and lower institutional activity point to subdued U.S. market participation. Neither measure establishes whether buying or selling dominated institutional trades. The Coinbase premium’s latest snapshot on October 26 was -0.1515%. The daily series showed -0.1338% on October 22, -0.1372% on October 23 and -0.1465% on October 24.

Source: TokenPost