Bitcoin’s Coinbase premium extends longest negative stretch to 51 days
Bitcoin trades below its Binance price on Coinbase for a 51st day as weak US demand coincides with a broader market decline.
Bitcoin trades below its Binance price on Coinbase for a 51st day as weak US demand coincides with a broader market decline. Bitcoin (BTC) is trading at $67,070.00, up 0.5% since this brief published. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Sat, 14 Nov 2026 04:45:02 UTC.
The persistent discount points to weaker Coinbase demand relative to Binance, while the market data show Bitcoin remains under pressure amid extreme fear.
- Coinbase’s Bitcoin discount reached 0.10% on the latest reading
- The negative premium has persisted for 51 consecutive days
- Bitcoin fell 3.07% over 24 hours and 12.20% over seven days
- Total crypto market capitalization stands at $2.32 trillion
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- Bitcoin’s Coinbase premium extends longest negative stretch to 51 days — this brief
Bitcoin’s Coinbase Premium Index remained below zero for a 51st consecutive day, according to Crypto.news, citing CoinGlass data. The latest reading was −0.10%, indicating that Coinbase was pricing BTC below Binance. The negative stretch began on September 23, Crypto.news reported.
The continued discount contrasts with a total crypto market capitalization of $2.32 trillion, although the broader market was broadly lower. Crypto.news characterized the pattern as US demand lagging, with the index serving as a comparison between prices on the two exchanges.
Bitcoin traded at $66,760 at the time of the market snapshot, down 3.07% over 24 hours and 12.20% over seven days. Its market capitalization was $1.34 trillion. The Fear and Greed Index stood at 13, placing sentiment in the Extreme Fear category.
The persistence of the negative Coinbase premium is the story’s clearest signal: the exchange has maintained a small discount to Binance for more than seven weeks. The latest gap was 0.10%, while no reversal was reported in the latest reading. Future readings will show whether the discount narrows, returns to zero, or turns positive, while broader Bitcoin performance and sentiment provide the market backdrop for any shift.
Since this brief published about 11 hours ago, Bitcoin (BTC) has moved from $66,760.00 to $67,070.00 — +0.46%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
Will Bitcoin dip to $60,000 by December 31, 2026?
Crowd-implied probability on Polymarket, $264.00K 24h volume, resolves Jan 1 — snapshotted when this brief published (Nov 14 04:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by TLT and will have moved since. View the market ↗
At today's peer-to-peer rate, 1 BTC ≈ ₦94.50M (about $67,070.00), down 2.3% over 24 hours. The naira itself trades about 4.2% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Bitcoin’s Coinbase premium extends longest negative stretch — questions & answers
What is Bitcoin’s Coinbase Premium Index?
It compares Bitcoin’s price on Coinbase with its price on Binance. A negative reading means Coinbase’s price is lower.
How long has the Coinbase discount persisted?
The index has remained below zero for 51 consecutive days, with the latest reading at −0.10%.
How is Bitcoin performing amid the negative premium?
Bitcoin is $66,760, down 3.07% over 24 hours and 12.20% over seven days. The Fear and Greed Index is 13, or Extreme Fear.
How much is 1 Bitcoin worth in naira today?
About ₦94.50M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $67,070.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is up 0.46% since this brief first published — trading at $67,070.00 now versus $66,760.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.