Bitcoin’s Coinbase Premium Index has stayed below zero for 46 straight days, adding another demand warning while BTC struggles near the $60,000 level. The streak began in mid-May and has continued through the latest selloff. The Coinbase Premium Index compares Bitcoin pricing on Coinbase with Binance pricing, tracking whether U.S.-linked spot demand is paying above or below offshore markets. A negative reading means BTC is trading cheaper on Coinbase, a sign that American buying pressure is weaker than global demand.