Coinbase Down 12% From November Peak as Crypto Exchange Faces Growing Skepticism Over Revenue Sustainability

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Coinbase's stock has declined 12% from its November peak, driven by growing skepticism over the exchange's revenue sustainability, as traders question whether the crypto market's growth has peaked.

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Market impact analysis based on bearish sentiment with 77% confidence.

المشاعر
Bearish
ثقة الذكاء الاصطناعي
77%

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Shares of Coinbase (NASDAQ:COIN) have fallen 11% in the last month, coinciding with a sharp turn in retail investor sentiment across Reddit and X. Once a darling of crypto bulls during Bitcoin’s run to all-time highs, Coinbase now faces mounting skepticism as traders question whether the party is over. Bitcoin’s slide below $93,872 (after hitting ... Coinbase Down 12% From November Peak as Crypto Exchange Faces Growing Skepticism Over Revenue Sustainability

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