#Bitcoin is facing selling pressure from institutional investors. The Coinbase Premium Index has turned negative again, the lowest since February. This index compares prices between Coinbase and #Binance A negative value usually means institutions are selling while retail demand is weaker.

The main reasons behind this shift are global tensions involving Iran, rising oil prices, and concerns about inflation and bond markets. Because of this uncertainty, institutions are moving away from risk assets like Bitcoin, which is pushing prices down in the short term.