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Bitcoin Coinbase Premium hits 4-month high as 550K BTC leaves exchanges

cryptoweekly by cryptoweekly
June 10, 2025
in bitcoin, News
0

Bitcoin demand in the US is rising, while spot exchanges see their reserves decline by one third in less than a year, per new data from CryptoQuant.

Key points:

The Coinbase Premium metric has reached its highest since February as US demand for Bitcoin accelerates.

“Signs of overheating” remain absent, analysis says, predicting positive trends through the end of 2025.

Read more

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Recent Posts
  • Hive Digital accelerates AI pivot with $100M HPC expansion — Cointelegraph exclusive
  • Judge allows testimony on ‘feasible’ Tornado Cash code changes
  • Crypto ATMs seized in the UK amid growing scrutiny of kiosk-based exchanges
  • Polymarket set to reenter US with $112M acquisition of QCEX derivatives exchange
  • StablecoinX to go public via SPAC merger, raising $360M for ENA treasury
  • StablecoinX to go public via SPAC merger, raising $360M for ENA treasury
  • FTX seeks time to respond as creditors fight freeze on $470M foreign claims

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