Coinbase stock price in strong decline
Yesterday, the price of Coinbase shares on the stock market lost more than 15% in a single day.
The decline occurred simultaneously with the return of the Bitcoin price first below $72,000 and then also below $70,000.
The price of Coinbase shares
On Wednesday, the stock price of Coinbase (COIN) had closed the trading session on the Nasdaq above $211.
Yesterday, on the other hand, it opened at $203, that is, with a -3.5% already at the opening.
Shortly before, some data regarding the US economy had been released, particularly the labor market, and these had caused a bit of a stir in all the US stock exchanges.
For example, the Dollar Index suddenly dropped from 104.0 points to 103.8 points, only to bounce back almost…
