Coinbase Down 12% From November Peak as Crypto Exchange Faces Growing Skepticism Over Revenue Sustainability
Market Intelligence Analysis
AI-PoweredCoinbase'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.
Market impact analysis based on bearish sentiment with 77% confidence.
Article Context
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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