US crypto market sentiment is recovering, with BTC showing a positive hourly price premium on Coinbase

Dec 01,2022
KingData News: CryptoQuant CEO Ki Young Ju tweeted that sentiment in the U.S. crypto market is recovering. BTC's hourly price premium index on Coinbase has climbed into the green zone (positive) for the first time since the collapse of major cryptocurrency exchange FTX. It is reported that the index is rising due to increased exchange trading volume, indicating a return of buying power as well as these large companies starting to increase their bitcoin positions.
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