Bitcoin’s price has recently breached a key threshold, indicating potential strength in U.S. buying activity after a period of market weakness. The Coinbase Premium Index turned positive on Thursday for the first time since late October, marking a shift away from recent negative readings and suggesting increased demand in the U.S. market. This shift is attributed to increasing interest in decentralized finance (DeFi) applications alongside growing institutional investment. The Coinbase Premium Index tracks the price difference between Coinbase and global markets, offering insights into capital flows into and out of the U.S. crypto market. The positive reading suggests a potential resurgence of demand within the U.S. for Bitcoin, potentially reflecting more bullish sentiment towards the asset.