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Coinbase’s Stock Price Dips as Bitcoin and Others Underperform Again

From fxempire.com

The cryptocurrency market has been underperforming over the past few weeks but managed to turn things around earlier this week. However, that didn’t last, with most cryptocurrencies currently performing poorly again. COIN Losses More Than 6% of its Value: The shares of Coinbase are down by more than 6% over the past few hours as the cryptocurrency market underperformed. COIN closed the day, trading around $261 per share, down by 6.75% in the past few hours. The decline in COIN’s price is due to the cryptocurrency market currently underperforming. Coinbase is one of the leading cryptocurrency exchanges in the world, ... (full story)

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  • Category: Fundamental Analysis