Bitcoin Coinbase Premium Hits Level Last Seen During FTX Collapse: CryptoQuant CEO

HIGHLIGHTS Bitcoin’s Coinbase Premium hits a 4-year low, levels last witnessed after the FTX collapse. CryptoQuant CEO Ki Young Ju said "market sentiment is bearish enough to be bullish." Bitcoin price plunges to $77K amid panic surrounding Binance hack. Bitcoin’s Coinbase Premium hits a 4-year low, CryptoQuant CEO Ki Young Ju shared in an X post on Friday. This comes as the crypto market braces for a deeper crash after a $6.3 billion hack on Binance crypto exchange. Coinbase Premium Falls to 4-Year Low, Bullish or Bearish for Bitcoin?