Bitcoin's Coinbase premium sinks to one-month low, here’s why

Crypto Insight Summary: Weakening U.S. demand, a setback for the Clarity act and expectations of a fed rate hike weigh on bitcoin. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike concerns and weak U.S. demand pressure BTC in the short term.