In the volatile world of cryptocurrency trading, price discrepancies between exchanges can offer crucial insights into regional demand and market sentiment. Bitcoin is trading at a discount on Coinbase, a leading US-based crypto exchange, compared to its prices on global platforms. The exchange’s spot pricing has slipped into a discount relative to major offshore platforms.

Market Sentiment Softens Ahead Of Key Economic Data

A full-time crypto trader and investor, Daan Crypto Trades, has highlighted on X that it’s not unusual for Bitcoin to trade at a discount on Coinbase, and this happens quite often during a larger market pullback. However, the current discount is not as substantial as it was in the previous cycle.

The discount is fundamentally created when the market is o

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