DOW Coinbase

Coinbase value plunges below $10bn as crypto winter bites

Reading now: 737
fnlondon.com

The punishing decline of Coinbase Global's stock brought the company's market value lower than $10bn on 21 November for the first time since the cryptocurrency exchange went public last year.Coinbase shares declined 8.9% on 21 November, pulling the stock's market capitalisation down to about $9.36bn.

That's a far cry from the peak market capitalisation of $76.9bn that Coinbase achieved on 9 November 2021, according to Dow Jones Market Data.The 21...

Read more on fnlondon.com
The website financemag.cash is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA