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The Coinbase Bitcoin Premium Index has been in negative territory for 51 consecutive days, setting a new record for the longest consecutive negative trend.
According to Odaily data, the Coinbase Bitcoin Premium Index has been in negative premium territory for 51 consecutive days (from May 19th to present), with the latest value at -0.0923%. Previously, the index was in negative premium territory for 40 consecutive days from January 16th to February 24th this year, setting a record for the longest consecutive negative period since the index's inception, exceeding the approximately 30 consecutive days of negative premium during the "10/11 crash". Historical data shows that prolonged negative premiums often accompany the exit of US institutional funds, suggesting potential short-term downward pressure.
LAB fell more than 74% intraday, briefly dipping below $3.
According to OKX Odaily data, LAB has fallen more than 74% intraday, briefly dipping below $3, and is currently trading at $2.98.
Both WTI and Brent crude oil prices rose by more than 3% during the day.
According to Odaily data, both WTI and Brent crude oil prices rose by more than 3% intraday, currently trading at $74.18/barrel and $78.08/barrel respectively.
Spot silver rose 1% on the day, currently trading at $60.60 per ounce.
According to Gate data, as reported by Odaily Odaily, spot silver rose 1% intraday, currently trading at $60.60 per ounce.
Today, US Bitcoin ETFs saw a net inflow of 4,026 BTC, and Ethereum ETFs saw a net inflow of 11,955 ETH.
According to Lookonchain Odaily, the US Bitcoin ETF saw a net inflow of 4,026 BTC today, compared to a net outflow of 1,661 BTC over the past 7 days; the Ethereum ETF saw a net inflow of 11,955 ETH, compared to a net inflow of 20,570 ETH over the past 7 days.
WTI crude oil rose above $70 per barrel, up 1.64% on the day.
According to Gate data, WTI crude oil has risen above $70 per barrel, up 1.64% on the day. (Odaily Odaily)