The Coinbase premium index, a popular indicator for crypto pundits, has posted its highest point since October's record price of $126,000. This index has been positive for 14 consecutive days, marking the longest unbroken period since that month. The rise in this index indicates strong demand from U.S. investors, particularly from institutions such as corporate treasuries, hedge funds, and regulated alternative investment vehicles. The opposite effect is seen as a negative premium or discount, indicating that demand from overseas markets is lagging behind.