Bitcoin claimed to be at a discount for 61 consecutive days... Public metrics conflict at 45 and 63 days

Coinbase Markets said on April 7 that bitcoin has traded below the "global price" on its exchange for 61 consecutive days, with the latest discount at -0.13%, putting it in the 8th percentile of the past two years' distribution and marking only the third such stretch since September 2023. The claim relies on Coinbase's own methodology, which the post did not fully specify, and public trackers disagree: depending on how the data is compiled, the consecutive negative streak shows up as either 45 or 63 days. The discrepancy matters because the metric is being cited as evidence of persistent US exchange pricing pressure relative to offshore venues, a signal traders watch for shifts in demand and arbitrage flows. What to watch next is whether the Coinbase discount narrows or extends, and whether independent trackers converge on a single streak count as the methodology debate plays out.