Coinbase Global, Inc. (NASDAQ: COIN) is trading lower on Tuesday, December 23, 2025, as a broader dip in major cryptocurrencies weighs on crypto-linked equities—even while the company keeps stacking new product launches and acquisitions designed to make Coinbase more than “just” a crypto exchange.

As of today’s session, COIN is hovering around $239 per share, down roughly 3%–4% on the day. ^[1]

That intraday drop follows a choppy stretch in December: COIN closed at $247.90 on Dec. 22 after a modest gain, then pulled back today as risk appetite cooled again. ^[2]

Coinbase stock today: COIN tracks crypto volatility—despite expanding beyond crypto

Coinbase remains one of the most direct “public market proxies” for crypto…