Coinbase (COIN) Is Down 8.7% After Bitcoin and Ethereum Slide Triggers Crypto Market Sell-Off
-
In the past week, Bitcoin and Ethereum experienced sharp declines, with Bitcoin falling below US$110,000 and Ethereum dropping roughly 5%, leading to widespread crypto market sell-offs that extended into crypto-linked stocks like Coinbase Global.
-
This downturn was driven by significant liquidations, ETF outflows, and reduced investor risk appetite, signaling how closely Coinbase’s stock performance tracks the broader trends within the digital asset ecosystem.
-
We’ll review how the sharp contraction in crypto prices and trading volumes impacts Coinbase’s investment narrative, especially its reliance on transaction-based revenue.
The latest GPUs need a type of rare earth metal called Dysprosium and there are only 31 companies…
