Institutions Have Pressured Bitcoin for 900 Hours, a Two-Year High

Bitcoin is facing sustained institutional selling pressure, as the Coinbase Premium Index has stayed negative for more than 900 consecutive hours, its longest streak in two years. The extended negative premium suggests US-based professional and institutional traders on Coinbase are less aggressive than Binance users, indicating persistent caution and reduced risk appetite. The article links this weakness to broader macro uncertainty, including sticky inflation, elevated oil prices, growth concerns, and unclear Federal Reserve policy. While the indicator does not directly forecast price, its duration implies the recent softness in Bitcoin is being driven by a lasting shift in institutional sentiment rather than a short-term fluctuation. A return to positive premium territory would likely be an early sign that institutional demand is improving.