- Coinbase Bitcoin Premium has fallen to -16.9, signaling persistent US selling pressure despite the BTC dip.
- In just 7 days, Bitdeer sold 1,134 BTC and reduced its corporate Bitcoin treasury balance to zero.
- Crypto Fear & Greed Index is at 5, the lowest level recorded since 2019.
The Coinbase Bitcoin Premium has remained negative as U.S. investors like Bitdeer liquidated over 1,134 BTC, and the Crypto Fear & Greed Index hit historic lows.
Coinbase Bitcoin Premium Extends Negative Streak
On-chain analyst IT Tech shared on X that the Coinbase Bitcoin Premium metric dropped to -16.9.
The Coinbase Bitcoin Premium gap between Bitcoin on Coinbase and Binance shows stronger U.S. demand.
A negative value reflects selling pressure from American participants. The Coinbase Bitcoin Premium has beaten the January 2026 lows.
According to IT Tech’s tweet, U.S. investors are not aggressively buying the dip. Instead, they remain cautious during American trading hours.
The analyst also stated that institutional inflows require a positive premium shift. Spot Bitcoin ETF inflows alone do not confirm market stabilization.
Until the Coinbase Bitcoin Premium turns positive, bearish conditions may persist.
Bitdeer Liquidates Corporate Bitcoin Holdings
Bitdeer Technologies Group announced it sold over 1,134 BTC within one week. At current prices, the sale totaled approximately $75 million.
Following the transaction, the company reduced its corporate Bitcoin treasury to zero. Customer deposits remain excluded from this balance.
The move drew attention across the crypto market. In a post on X, Bitdeer clarified that the sale was strategic.
The company rejected claims of forced liquidation. Management explained that the decision supports liquidity for potential powered land acquisitions.
Bitdeer stated it is evaluating multiple non-binding acquisition opportunities. Converting Bitcoin into cash allows quicker execution of these deals.
The firm added that it continues expanding mining operations and hashrate growth plans.
Fear Index Drops as Intraday Structure Turns Bullish
Market sentiment weakened further as the Crypto Fear & Greed Index dropped to 5. Analyst Joao Wedson reported on X that this matches the lowest reading since 2019.
The decline in the index coincides with Bitcoin’s correction from $126,000 in late 2025. BTC now trades near $66,000.
Over the past 24 hours, the price declined 2.7% and 3.09% weekly. However, trading volume increased sharply. Daily volume surged 122.7% to $37.7 billion.
Retail activity remains active despite the negative Coinbase Bitcoin Premium reading. On the 1-minute BTCUSDT chart from Binance, the price formed a base near 65,200.
Volatility contracted before buyers stepped in. This consolidation absorbed sell-side liquidity.
After 12:30, the price broke the structure with an impulsive move higher.
The session peaked near 66,684 before hovering near 66,500 as structure remained intact during consolidation.
Cumulative Volume Delta confirmed aggressive buying. Binance recorded approximately +46.87 million in positive delta.
Other exchanges, including Coinbase and OKX, also showed positive flows. Notably, minor pullbacks did not produce a strong negative delta.
Buyers continued lifting offers during dips. If delta expands further, another breakout attempt toward 66,700 remains possible.