BITCOIN'S COINBASE PREMIUM STAYS NEGATIVE

Bitcoin's Coinbase premium has stayed negative for 33 straight days, printing -0.1259% as of October 25 while $BTC trades near $79,900. The reading means American buyers are paying less for bitcoin on Coinbase than buyers pay on Binance, the longest such US discount since the index turned negative in late September. Global demand is outrunning American demand even as the price holds near $80,000.