Key Stats for Coinbase Stock
- Price change for Coinbase stock: -7%
- $COIN Share Price as of Jun. 5: $152
- 52-Week High: $445
- $COIN Stock Price Target: $230
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What Happened?
Coinbase (COIN) stock fell about 7% on Friday as Bitcoin crashed below $60,000 for the first time since October 2024.
Bitcoin fell to $59,764.90, its lowest level in months, heading for an 17% weekly loss, while Coinbase stock is on pace for a 15% weekly loss — one of the worst since February.
The sell-off began on Monday after Michael Saylor’s Strategy disclosed it had sold 32 Bitcoin for about $2.5 million — its…
