news 
Title: Coinbase Premium Suggests Caution Amid Bitcoin Sell-Off
One week ago, the situation was quite different, as U.Today reported that as the price of Bitcoin plummeted, the Coinbase Premium jumped. Despite the reversal in price amid ATH rallies, the market is hopeful of a major rebound in the near term.
However, recent data from Coinbase suggests caution for investors amidst the ongoing sell-off. The Coinbase Premium, which tracks the difference between the buying and selling prices of Bitcoin on the platform, has shown a downward trend, indicating a significant decrease in demand.
As such, it may be wise for investors to reassess their positions and consider diversifying their portfolios amid this uncertainty.
Source: u.today
