u/Trumps_Moist_Toenail · 35d agono track record yet
“coin puts”
negative sentiment on Coinbase before earnings
Coinbase faces near-term downward pressure due to its structural dependence on cyclical cryptocurrency trading volume and sentiment. Macro headwinds (higher rates, reduced liquidity), regulatory uncertainty, and competitive fee compression create vulnerability when crypto market conditions weaken, similar to Robinhood's 13% drop after crypto revenue fell 48% YoY.
At post $197.96Now $153.97-22.2% since postedas of Jun 10, 4:59 PM ET
1d-2.5%
3d+1.6%
1w+1.9%
1m-23.0%
3m—
6m—
1y—