Coinbase Premium Index Turns Positive Amid Renewed U.S. Demand for Bitcoin

The cryptocurrency market has seen a positive development with the resurgence of domestic demand for Bitcoin in the United States. According to recent data, the Coinbase Premium Index has turned positive after nearly two months in negative territory.

This shift is a significant indicator of improved sentiment within the U.S. market, where demand is outpacing supply on exchanges such as Coinbase. The move comes despite ongoing structural pressures and concerns around quantum computing risks, which experts believe are at least 10 to 20 years away from materializing.