Golden Finance reports that CryptoQuant data shows that BTC trades at a slight discount on Coinbase compared to Binance, and that the “Coinbase premium” remains low indicates a lack of interest from U.S. investors and little demand. The Coinbase Premium indicator mainly measures the price difference of Bitcoin on Coinbase and Binance. Between November and December 2024, Bitcoin surged from $70,000 to over $108,000, driven primarily by U.S. investors, as evidenced by the continued premium on Coinbase during that period. Despite expectations for major positive developments in the United States, similar bullish pricing has not yet occurred on Coinbase at this stage, and domestic traders are expected to wait to see whether Trump will deliver on his promises.