Bitcoin near $91.7K as Coinbase Premium recovery signals US institutional inflows

Beincrypto reports Bitcoin was trading around $91,700 at the time of publication as the Coinbase Premium Gap recovers from a December low, a development that suggests US institutional capital may be returning.

The Coinbase Premium Gap plunged to -150 in late December and is now approaching zero, indicating a bounce in US-based inflows; Coinbase’s role as a primary gateway for regulated American capital means a sustained move into positive territory would confirm renewed dollar-denominated demand. The Crypto Fear & Greed Index rose from 29 to 40 this week, moving out of the “Extreme Fear” zone, though readings vary across platforms (Coinglass 26, Binance 40). Derivatives data show the BTC long/short ratio cooled to about 1.1 but remains above 1.0, signaling more traders hold long positions than shorts. Bitcoin recovered from lows near $87,000 seen in late December.

Despite these converging, pre-bullish signals, sentiment remains in the “Fear” zone and macro uncertainty persists: markets are recalibrating rate-cut expectations after hawkish December FOMC minutes. Year-end tax-loss selling may have depressed prices, and analysts say a decisive confirmation would require the Coinbase Premium to flip and hold positive. For now, traders appear to be cautiously accumulating rather than aggressively buying.

Key Topics

Crypto, Bitcoin, Coinbase Premium, Coinbase, Long-short Ratio, Institutional Capital