Bitcoin premium turns positive on Coinbase — signs of U.S. demand returning?

Bitcoin has begun showing its first signs of a U.S.-led demand recovery after the Coinbase Premium Index flipped positive for the first time in weeks — a shift that comes just as BTC climbs back above the key $90,000 level.

Fresh data from CoinGlass shows the premium moving into green territory on the 1-hour timeframe, marking a break from the persistent negative readings that dominated much of November. 

A positive premium means BTC is trading higher on Coinbase relative to global exchanges — typically interpreted as renewed buying strength from U.S. spot participants.