Coinbase stock stumbles over Bitcoin ETF woes

Coinbase, the celebrated crypto exchange, is finding itself in rough waters. The once sky-high stock is now grappling with the unforeseen repercussions of the Bitcoin ETF revolution. JPMorgan’s recent downgrade of Coinbase to ‘underweight’ from ‘neutral’ with a steadfast price target of $80, highlights the emerging challenges. Despite a staggering 390% surge last year, Coinbase’s […] source: https://www.cryptopolitan.com/coinbase-stock-stumbles-bitcoin-etf-woes/