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Coinbase XRP Discount Shrinks to 0.006%

Coinbase's discount for XRP relative to Binance's XRP/USDT quote shrank from 0.168% to 0.006% at the Nov. 2 close. The adjustment multiplies Binance's XRP price by USDT's dollar price, then compares Coinbase against that converted figure. The user Arab Chain reported an approximately -0.16% XRP Coinbase Premium Index reading on Nov. 2, describing it as an eight-month low and interpreting it as relatively weaker Coinbase demand.

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