[Wall Street liquidity radar] Bitcoin’s US discount widens for five days as buying signals stay weak

Bitcoin’s US price discount widened for five consecutive days through October 25, while institutional trading activity declined, leaving limited evidence of a recovery in US buying demand. The latest Coinbase premium reading on October 25 was -0.191%. The daily series showed a discount of -0.0818% on October 21, widening to -0.1338% on October 22, -0.1372% on October 23, -0.1465% on October 24 and -0.2024% on October 25. The premium compares Coinbase prices with Binance prices. A positive reading indicates a higher US price; a negative reading indicates a discount. The widening discount suggests US buying demand remained relatively weak.

Source: TokenPost