Bitcoin is leading the broader crypto market higher, outperforming the CoinDesk 20 Index with its 6% advance over the past 24 hours.

Bitcoin is leading the broader crypto market higher, outperforming the CoinDesk 20 Index with its 6% advance over the past 24 hours.

Data shows the Bitcoin Coinbase Premium has been negative for a while now, a sign that institutional selling has been occurring behind the scenes.<

Bitcoin has made some notable recovery in the past day as data suggests buying pressure has returned on the cryptocurrency exchange Coinbase.

Data shows that Bitcoin Coinbase Premium has plunged into the red territory, which may explain why the asset’s price has crashed to under $68,000.<

Bitcoin has just broken above the $65,000 level. Here’s a possible reason that may be contributing to this fresh bullish momentum in the asset.

Data shows the Bitcoin Coinbase Premium Index has turned negative once more, a sign that could prove to be bearish for the asset’s price.